Has the era of platinum arrived [Ryuji Sato]
Ryuuji Sato Profile
Sato Ryuuji. Born in 1968. After graduating from an American university in 1993, he joined Genesis Co., Ltd. (later Oval Next Co., Ltd.), a provider of information on finance and investment, after working at a marketing company. He writes analyst reports on macroeconomic analysis, forex, commodities, and stock markets, and is involved in trading. Since 2010, he has founded H-Square Corporation, writing analyst reports and planning/publicing works such as “FOREX NOTE Currency Handbook,” while also serving as a radio program host related to investing. Individual trader. International Federation of Technical Analysts – Certified Technical Analyst. Main host on Radio Nippon’s “The Money Onosato’s Market Forecast” (Mondays 15:00–).
Official site:Ryuuji Sato Blog
*This article is a reproduction/rewriting of FX攻略.com February 2021 issue articles. Please note that the market information written in the body may differ from the current market.
Platinum Draws Attention with Biden Administration’s Birth
The biggest event of the year, the U.S. presidential election, ended with the victory of Democratic candidate Biden. Biden has pledged to reduce U.S. greenhouse gas emissions to net zero by 2050.
Prime Minister Suga of Japan also stated in his policy speech that “by 2050, greenhouse gas emissions will be zero for the entire economy.” The European Union countries aim to achieve a decarbonized society by 2050, and China likewise aims to achieve a similar goal by 2060.
The trend toward decarbonization seems to have become a global mainstream. This time, I would like to focus on platinum, which is expected to play an important role in a decarbonized society.