The Traderszone Network

“At this meeting, we judged that it was suitable to look more closely at the extent to which the effects of our policies are sinking in,” —Mr. Kuroda  The Nikkei Stock Average closed down 3.6% after rising in the morning on anticipation of further BOJ action. Japan decided not to NIRP itself today because they […]

The post Japan Is Getting NIRP’d appeared first on UpsideTrader.

Current reader favorites:
1. The little-known CMBS bill that could have a major impact on NYC real estate
2. Left behind: 5 NYC condo projects that were thrown overboard

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If you’re in the market for rental housing, rents are rising more slowly in major metro areas; secondary-market rents, however, are growing faster.

European stocks are struggling after the Bank of Japan decides not to unleash fresh stimulus, and as Spanish banks sell off after earnings disappointment.
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So say the ECB and reported by the wires 28 April
– Greece and institutions have made progress on policy package
– could pave way for debt sustainability
– institutions to continue to work on overall package
Ah, it’s those “could”  and “to continue” words that does it again you see.

Sony posted a 666.5 percent rise in pretax profit for its full fiscal year on Thursday, helped by cost cutting in its smartphone business.

Righto Notters
Yesterday Draghi more or less told German savers to stop moaning and invest elsewhere if they want returns.
I’ve just told him in the first post 😉