The Traderszone Network

Published in TZ Latest News 3 November, 2014 by The TZ Newswire Staff

BOJ Picks Up Bond Buying: Stocks Soar, Deflation Looms

Tokyo’s stock market was closed Monday for Japan’s Culture Day, giving investors a breather after the Bank of Japan aggressively expanded its monetary stimulus effort on Friday. Tokyo’s Nikkei 225 vaulted 4.8% during Friday’s session, sending it ahead 7.3% for the week. The gain sent the Nikkei to its highest mark since 2007, although it is up less than 1% so far this year.

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