Tag Archives: BoJ
FX Daily Strategist: US
Eurozone inflation undershoot to pressure long EUR positioning Preliminary Eurozone CPI significantly undershot forecasts in October (0.7% y/y vs. 1.1% y/y) with the pace of inflation falling to the slowest pace since November 2009.
FX Daily Strategist: US
USD experiencing a slight short squeeze heading into the weekend There remains no end in sight to the partial US Federal government shutdown,
FX Daily
The main event is expected to be the release of the minutes from the 18-19 June FOMC meeting.
Bank of Japan Preview: It works so far, BoJ on autopilot
The Bank of Japan (BoJ) meeting on Thursday should prove uneventful compared with the latest Fed, ECB and BoE meetings.
Japan: BoJ ignores market call for another fix
• Bank of Japan (BoJ) did not announce any new measures to stem the volatility in financial markets and, by not mentioning the volatility in financial markets in the statement,
Abenomics to make or break Japan
Japan continues to be a major financial market story. Here is Nordea’s take on Abenomics, the new Japanese economic programme to end deflation and revitalise the economy.
BoJ MPM (21-22 May): Policy intact, no mention of interest rate volatility
Policy intact The BoJ wrapped up its two-day monetary policy meeting with a decision to leave monetary policy intact,
Who will sell to the Bank of Japan?
– The Bank of Japan’s plan to end deflation rests on an aggressive plan to buy JGBs, including long term JGBs.
Is the Bank of Japan firing blanks?
The Bank of Japan (BoJ) under new Governor Kuroda is broadly following the same policy of his predecessor, ie, buying Japanese government bonds (JGBs).
BoJ plays down risks of monetary strategy
The BoJ has raised its growth projection by 0.6 percentage point both for FY2013 and FY2014 to 2.9 and 1.4%, respectively. It does not expect to reach the 2% inflation target before FY2015.
FX Daily Strategist: Europe
BOJ kept monetary policy steady; watch BoJ CPI forecast as a potential boost to USDJPY BOJ kept monetary policy steady by unanimous vote, as widely expected. They maintain the pledge to increase the monetary base at an annual pace of JPY 60-70tn.
Big Thursday – Central banks guide the day
BOJ DELIVERS. As expected the BOJ kept previous promises this morning by setting a time horizon of two years for achieving the inflation target of 2%,