Central Bank Watch
Bank of Japan Unlikely to Modify Policy Now
June 13, 2011
A two-day Policy Board meeting on Monday-Tuesday is not expected to modify the Bank of Japan’s target overnight money target range of around zero to 0.1% or the JPY 40 asset purchase ceiling. At the May meeting on May 19-20, there was a unanimous decision to leave policy steady, and policymaker Nishimura dropped a previous […] More
New Overnight Developments Abroad - Daily Update
Equities Remain Wobbly on this Quiet Monday
June 13, 2011
Swiss markets closed and Germany partly so for Whit Monday. Australian markets shut for Queen’s Birthday holiday. Share prices have dropped 1.1% in The Philippines, 1.0% in Indonesia, 1.4% in Taiwan, 0.7% in Japan and Malaysia, 0.6% in Singapore, 0.5% in Thailand, and 0.4% in China and New Zealand. The Dax is off 0.2%, while […] More
