BoJ probably won’t act today, but is set to increase stimulus in Oct
The Bank of Japan will almost certainly leave policy settings unchanged today, and the apparent strength of Q1 GDP suggests that an expansion of asset purchases at the Bank's July meeting is off the table. "We remain con…
The Bank of Japan will almost certainly leave policy settings unchanged today, and the apparent strength of Q1 GDP suggests that an expansion of asset purchases at the Bank's July meeting is off the table.
"We remain convinced that policymakers are too optimistic about the prospects of reaching their 2% inflation target, and we still think that more easing will be needed." said Capital Economics
The end-October meeting now appears to be the most likely venue for the introduction of additional stimulus.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
