BoJ's announcement will weaken the yen – Julius Baer
Investing.com – Following the decision by the Japanese monetary authority to maintain interest rates at 0.10%, having previously abandoned the ultra-loose policy with negative rates, the perception with the end of bond purchases later than expected is that the yen will weaken, Julius Baer pointed out in a note Friday. The projection is for a devaluation to 160
David Kohl, chief economist at Julius Baer, says details on how bond purchases will be gradually phased out are expected only at the next meeting, which would have disappointed investors.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold and silver to continue to appreciateGold and silver to continue to appreciate - Julius Baer
Read more »
BoJ’s Kato: BoJ has no plan to immediately unload its ETF holdingsBank of Japan (BoJ) Executive Director Kato said on Monday that the “BoJ has no plan to immediately unload its exchange traded funds (ETF) holdings.” Kato said “I hope to spend time examining how to unload BoJ’s ETF holdings in the future.” .
Read more »
Asian stocks dip amid China trade jitters, BOJ in focusAsian stocks dip amid China trade jitters, BOJ in focus
Read more »
BOJ keeps rates steady, to decide on bond buying cuts at next meetingBOJ keeps rates steady, to decide on bond buying cuts at next meeting
Read more »
Morning Bid: BOJ's dovish surprise, AI and the PopeMorning Bid: BOJ's dovish surprise, AI and the Pope
Read more »
Asia FX muted; yen slides as BOJ disappoints on bond buying cutbackAsia FX muted; yen slides as BOJ disappoints on bond buying cutback
Read more »