15 June, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Brexit fears lead Bank of Japan to leave rates unchanged
The Wall Street Journal: Brexit fears lead Bank of Japan to leave rates unchanged
The Bank of Japan stood pat on monetary policy Thursday despite a surging yen and faltering inflation, opting to wait until after the results of a British referendum next week that could roil global markets.
read more
15 June, 2016 by The TZ Newswire Staff Comments Off on BOJ "struck a moderately confident tone on domestic trends"
BOJ "struck a moderately confident tone on domestic trends"
Some responses to the Bank of Japan decision today
This from the FT (), in (very) brief:
via FastFT – gated
Moderately confident tone on domestic trends
– “moderate recovery trend” … pointing to gradual growth in businesses’ fixed-asset investment, high corporate profits, steady improvement in employment & income, private consumption has been resilient …. “although relatively weak developments have been seen in some indicators.”
But cautioned external factors could push it to act
15 June, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Samsung to acquire cloud services startup Joyent
The Wall Street Journal: Samsung to acquire cloud services startup Joyent
Samsung Electronics Co. said Thursday that it would buy U.S. cloud services company Joyent Inc.
15 June, 2016 by The TZ Newswire Staff Comments Off on RBA’s Kent: Depreciating AUD could be a buffer for negative events
RBA’s Kent: Depreciating AUD could be a buffer for negative events
Reserve Bank of Australia’s Christopher Kent, Assistant Governor (Economic)
Text:
Headlines via Reuters
The Economic Transition in China
15 June, 2016 by The TZ Newswire Staff Comments Off on USDJPY, Nikkei Plunge As BoJ Disappoints With "No Change"
USDJPY, Nikkei Plunge As BoJ Disappoints With "No Change"
While only 5 of 40 economists expected a rate cut and only 7 of 39 any additional easing, hopes were rife for some additional ETF buying or hints at further stock purchasing by The Bank of Japan… but no. USDJPY immediatley plunged to a 104 handle and Nikkei 225 crashed 300 points.
As Bloomberg reports, for a two-day meeting, this was the BOJ’s earliest announcement since June 2014. Some more headlines crossing terminal:
15 June, 2016 by The TZ Newswire Staff Comments Off on Violence Begets Violence: The Orlando Shootings And The War On Terror
Violence Begets Violence: The Orlando Shootings And The War On Terror
15 June, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: With eye on China, naval ties between U.S., India, Japan tighten
The Wall Street Journal: With eye on China, naval ties between U.S., India, Japan tighten
From the waters of the Philippine Sea this week emerged a partial outline of Washington’s vision for a new Asian maritime-security order that unites democratic powers to contend with a more-assertive and well-armed China.
read more