Ashraf Laidi on AlArabia: Japan, Yen, BRICs & QE3 Mar 28, 2012

Ashraf talks about the yen outlook following the start of the new Japanese fiscal year, indicating that renewed overseas investments from Japan may further weigh on the currency. He also discusses the outperformance of G7 equities relative to the BRICs, attributing it to improved fundamentals from the US and central bank--based policies in Eurozone and UK. Finally, Ashraf reiterates that Fed Chairman Bernanke's lack of enthusiasm with the improvement in US labour markets is aimed at maintaining markets' hopes for further QE. At the end of the day, Ashraf sees a "restricted" form of quantitative easing, rather than outright injections.