Despite the gradual stabilization of global stock markets after the big dump in August, and the expected Rebound in October, the risk of yen Arbitrage trading has not been eliminated. Recently, Japan's economic data has been impressive, with real income for residents turning positive again after 27 months in June, and strong domestic demand recovery in the second quarter, providing support for Japan's Central Bank to continue to raise interest rates. Tomoko Amaya, executive consultant at Norinchukin Research Institute, said that although the market has experienced some fluctuations before, the current market confidence has been restored, and it is expected that Japan's Central Bank may continue to raise interest rates this year. She pointed out that interest rate hikes will bring favourable information to the banking industry. However, most analysts believe that if the market fluctuation stabilizes, Japan's Central Bank may raise interest rates again in January next year.