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
Japan’s economy struggling to escape its deflationary torpor, the economic-revitalization plan that Prime Minister Shinzo Abe launched in 2012 has come under growing scrutiny . Japanese equities has plunged from the huge interest of buying the currency from different sources, for example the Chicago Mercantile Exchange shows substantial interest in the yen. The yen has … More Abenomics .. Japanese deflationary torpor . .
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 . .
In Japan, we see locals buying the dollars and selling the yen, adding that the trend had likely accelerated in the run-up to yesterday’s news that Soft-Bank Group Corp. 9984, -10.32% was making a $32 billion bid for U.K.-based chip-designed ARM Holdings PLC ARM, +40.87% using sterling.
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
Asian stocks fell for a sixth day, their longest losing streak since February, as anxiety over the health of the global economy investors. South Korea’s won dropped by the most in four months, crude oil traded below $44 a barrel and sovereign bonds rallied. Australia’s benchmark was set for its biggest loss in a month as … More Asia pacific and the rest ; outlook
Chinese stocks climbed the most in more than a week after the new head of the securities regulator signaled he will keep propping up the equity market and developers announced acquisitions.Liu Shiyu, chairman of the China Securities Regulatory Commission, said it was too early to think about the state rescue fund leaving the market, … More Asian market’s outlook . .
European equities rose while Japanese stocks led shares in Asia lower as persistent concern over market volatility helped strengthen the yen. Oil climbed back above $28 a barrel before an update on U.S. stockpiles. The Stoxx Europe Index snapped a seven-day decline while Japan’s Topix index slid to its lowest since October … More Global market’s brief . .
The global stock rout intensified as European index futures indicated shares would add to Monday’s declines and equities in Tokyo slumped by the most since August. The yen reached its strongest since 2014 as Japan’s 10-year yield dropped below zero for the first time and corporate bond risk climbed. – “Investors had … More Extend’s in Japan . . Credit risk climbs
°CPI Japan (inflation figure) 0.291 % The current Japanese interest rate BoJ (base rate) is 0.100 % The Bank of Japan gave markets a nice surprise to end the month, It’s a bit too early to say whether we’ll finally get that long-lasting rebound.Stocks and bonds rallied around the world as the Bank of Japan unexpectedly stepped … More Adopting negative rate’s (BOJ)