Japanese shares fell on Friday due to a decline in technology shares and caution ahead of US inflation data. Still, they posted their first weekly gains in three weeks as concerns eased about the impact of the new Omicron strain of the Coronavirus on the pace of economic recovery. The …
Read More »Weekly Recap 29 Nov. – 3 Dec.
America and Germany decided to adopt stricter restrictions to circumvent COVID-19 on Thursday, away Austria, there are tailored or modified lockdowns elsewhere all over the globe to combat the emergence of the new Omicron strain. Such measures provoked turmoil across financial markets, lest it could ignite severe global economic slowdown …
Read More »USD/JPY surpasses 114.00 by Treasury yields
The U. S. dollar regained bullish traction on Friday and is rallying nearly 0.5%, erasing the previous two days’ losses. The USD/JPY is testing levels above 114.00 at the time of writing, after having bounced up from two-week lows at 113.25 on Thursday. Higher inflation expectations and stronger yields are …
Read More »Bank of Japan Decides to Keep Interest Rates
The Bank of Japan decided at its monetary policy meeting held today, by a majority vote, to fix negative interest rates at -0.1% on current accounts held by financial institutions with the bank in the short term. The bank also decided to control long-term interest rates, by purchasing the required …
Read More »BOJ would hold fire as inflation surges, Yen weakened
The Bank of Japan is expected to keep fiscal policy settings steady on Thursday and to contain inflation to stay below its 2% target for at least two more years.The BoJ is widely expected to leave its stimulus unchanged amid further delay in the economic recovery from the pandemic, only …
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