Yen Likely to Strengthen Over Next 3 to 12 Months: Nikko Asset Management

“We actually think that the yen’s going to strengthen over the next three, six, 12 months because the trade deficit is going to turned into a trade surplus, especially for goods and services, because tourism is going to keep booming here.” John Vail, chief global strategist at Nikko Asset Management, discusses the Japanese yen, central bank policy and the stock market. He speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.”