Investors turn away from yen as haven asset during Iran war
Japanese currency’s weakness departs from traditional role during moments of geopolitical turmoil
Japanese currency’s weakness departs from traditional role during moments of geopolitical turmoil

Latest outlook statement warns growth is likely to slow as Middle East conflict crimps profits and household incomes

The world is a mess but markets seem to be shrugging worries over the fallout of the Iran war

Traders see higher potential for government intervention to support currency

Sometimes crises do not blow over as investors might hope

Investors have been right to identify geopolitics as a rising risk factor

The consensus view of the impact of the Iran war on equities and bonds may well prove too sanguine