超宽松时代落幕 日元避险属性动摇
今年上半年，在全球央行激进的紧缩政策对于压制通胀起到明显效果，欧洲和亚洲主要经济体的物价走势分化。由于经历了常年通缩困境，巨大的通胀压力对于日本经济产生了刺激作用，有助于内需和投资活动走强。
虽然通胀短期内没有缓解迹象，但是日本央行并没有立即放弃超宽松利率政策的打算。从国际形势发展和日本经济转型诉求看，日元合理升值似乎是必由之路，而日本股市能否延续强势表现则有很大的不确定性。
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