The Bank of Japan shifted the focus of its monetary stimulus program Wednesday, seeking flexibility to manage its side effects while strengthening its commitment to stoking inflation over the longer term. The central bank said it would move away from a rigid target for expanding the money supply, while seeking to control bond yields across … More Bank of Japan : Shifting policy framework to targeting yield curve
In total, 15 central banks are scheduled to meet this week. The Bank of Japan’s rate decision is due on Friday local time and will be closely watched for any hints of more easing in the face of a stronger yen after the U.K.’s decision to leave the European Union and a slowdown in the … More Busy week of earnings and Central banks meetings . .
As we already step-up in the Digital age the technology has put some pressure in several branches of the world economy . . Likewise we are speaking for pressure and deteriorating in some sectors the banking sector in the European Union is starting to shaking all over the place (sarcastically told), also with the … More Quick outlook for the banking sector in EU . .
After the rally in March and April, things are still looking a little bit uncertain,economy is facing downward pressure and gross domestic product data due Friday will reflect challenges. European and Asian equities fell with U.S. stock index futures, weighed down by weakening corporate earnings and subdued economic data. Crude oil retreated from a six-month … More Outlook, before Friday opening bell
The International Monetary Fund is discussing a bailout of Azerbaijan, hard hit by tumbling oil prices. Venezuela is out to go bust — again — for the same reason. Ecuador looks about to go the same way. More important countries may follow them — most significantly Russia and Saudi Arabia. Neither of them looks solvent … More New sovereign debt-crisis . .