The Traderszone Network

Obama administration outlines plan to help student loan borrowers.
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From UBS Global Macro Strategy
 The
April FOMC statement was broadly in line with expectations. The
headline grabbing line was that the FOMC no longer called out the risks
posed by “global economic and financial developments”, but upon closer
inspection, the Fed simply said it will now “closely monitor” those
developments. This revision likely reflects the recent improvement in
financial conditions, much of which we would attribute to Fed policy.
“Policy relief” narrative remains intact…

This article is published in collaboration with Scutify, where you can
find real-time markets a

This article is published in collaboration with Scutify, where you can
find real-time markets a

The yen rallied sharply and stocks tumbled Thursday after the BOJ kept monetary policy steady policy steady at a scheduled meeting.

The Bank of Japan left its main policy unchanged Thursday, brushing aside calls for more stimulus from the markets, but it introduced a measure offering aid to areas devastated by recent earthquakes.
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Bank of Japan … srsly you guys ….