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Market Spotlight: USDJPY Surges As BOJ Reaffirms Easing Stance

JPY Plunges Lower StillThe Japanese Yen has fallen to it slowest level against the Dollar since 2002 on the back of the April BOJ meeting today. The BOJ reaffirmed its commitment to maintaining an...

JPY Under Pressure As BOJ Cuts GDP Forecasts

Growth Forecasts Cut The Japanese Yen has come under a little selling pressure across the European morning on Friday following the July BOJ meeting overnight. The meeting was largely muted with the...

BOJ's Kuroda Strikes More Optimistic Tone

Light At The End of the Tunnel The BOJ governor Haruhiko Kuroda struck a more optimistic tone yesterday. During comments made at a conference being held by the BOJ research institute, the BOJ governor...

Nikkei Tanks Despite Kuroda's ETF Comments

Nikkei CrashesThe Nikkei has come under heavy selling pressure this week with the market collapsing almost 9% as of writing. The sell-off has been exacerbated by the latest round of US inflation data...
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BOJ Cuts Inflation Forecasts Says Easing to Remain

JPY Sold On BOJ GuidanceThe Japanese Yen has been under selling pressure over the European morning on Tuesday following the April BOJ meeting held overnight. As expected, the BOJ held its monetary...
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JPY Rises As Kuroda Warns of Downside Risks

Cautiously Optimistic Speaking at a parliamentary conference overnight, the governor of the Bank of Japan, Haruhiko Kuroda, told Japanese MPs that he was cautiously optimistic on the domestic economic...
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Japanese Stocks Plunge Further Despite BOJ Comments

Kuroda Backs Away From ETF Comments Bank of Japan Governor Haruhiko Kuroda told Japanese parliament last night that the BOJ would not be ending its ETF purchases given the current conditions. Coming...
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Nikkei Falls On BOJ "Stealth Tapering" Move

BOJ Makes Technical AdjustmentsThe Bank of Japan’s March monetary policy meeting, held overnight, had drawn plenty of attention. With the global yields on the rise and with the BOJ still committed to...

Daily Market Outlook, March 19, 2021

Asian equity markets are down this morning led by big declines in Chinese indices. The ongoing rise in government bond yields was cited as a key reason behind the move. Concerns about US-China...