AI Data Insight
According to the latest data, Japan's real M2 reached 1,297.0 trillion JPY in Q3 2026, slightly up from 1,296.4 trillion JPY in Q2, with the year-over-year growth rate remaining flat at 2.2%, matching market expectations. Regarding the capital structure, cash currency continues to decline, while the scale of investment trusts has hit a record high, reflecting an accelerated withdrawal of funds from traditional deposits. As the Bank of Japan gradually advances the normalization of its monetary policy, the liquidity tightening in the coming months, while helping to support the yen, may also bring short-term pressure on risk assets.