Japanese investors purchased heavily in foreign equities in July, as global stocks rebounded last month on the back of positive earnings and hopes of less aggressive monetary tightening measures from the U.S. Federal Reserves.
Graphic: Japanese investments in overseas assets, https://fingfx.thomsonreuters.com/gfx/mkt/znpnerzkyvl/Japanese%20investments%20in%20overseas%20assets.jpg U.S. equities gained 9.1 per cent in the last month, boosted by postive forecasts from Apple Inc and Amazon.com Inc, which showed confidence in companies ability to weather an economic downturn.
According to Refinitiv data, 66 per cent of the MSCI World index constituents have beaten analysts' forecasts for their net income.
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