Next week, the decision on a possible interest rate hike in Japan is due. Although the interest rate level in Japan is still very low, the last Japanese interest rate hike caused quite a stir and price losses.
Due to the development of wages and prices in Japan, the professionals are also expecting a rise in key interest rates
I am therefore reducing my Japan position in the portfolio from 5% to around 3.5% and Sumitomo is out. The following remain in the portfolio for the time being $8001 (+2%) Itochu and $8002 (+2,67%) Marubeni remain in the portfolio.
