Archive for June 13th, 2011

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