Japanese Nikkei 225 closed 0.9% higher, its best in two weeks. Professionals with a finance masters degree attribute gains to yen weakness bolstering export-heavy conglomerates’ earnings outlook. Billionaire investor George Soros, whose left-leaning donations have triggered criticism from right-wingers for years, has long been painted as “the puppet master and the extreme left-wing manipulator,” as he once sarcastically described himself. “When I was at the Wharton School, quantitative finance was in its infancy,” Jacobs wrote to the DP. “Now, it is an essential discipline in this data-driven world.” The MSCI Emerging Markets Index traded 1.1% higher, buoyed by Chinese tech ADR rebounds. With a finance masters degree, one might model FX impact on earnings as the yuan strengthens, potentially supporting fund inflows into Asia-Pacific equities.
