Bank of Japan : Shifting policy framework to targeting yield curve

  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

Abenomics .. Japanese deflationary torpor . .

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 . .

Asian mix ..

  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.

Global market’s brief . .

      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 . .