Posts Tagged ‘haruhiko kuroda’

Negative Deposit Rates Not Guaranteed to Make Banks Lend Says Caruana

by Christopher Lemieuxon June 3, 2014 7:06 pm GMT
As the European Central Bank (ECB) meeting looms on June 5, one of the primary tools the central bank are likely to implement is negative deposit rates, which currently stand at zero. This is aimed to help those seeking credited and loosen the extreme credit tightening seen in the eurozone. Effectively, banks would be charged a […]

BoJ Quietly Looks For A Way Out While Keeping Rates and Volatility At A Minimum

by Christopher Lemieuxon May 27, 2014 9:20 am GMT
The Bank of Japan (BoJ) embarked on a crusade to end deflation last April with a quantitative easing program that, in relation to the size of their economy, is three-times that of the Federal Reserve. However, with consumer prices creeping higher, the central bank will look for methods to keep growth steady while dialing back […]

Yen Remains Elevated After Disappointing HSBC Final PMI; USDJPY Intraday Outlook

by Christopher Lemieuxon May 5, 2014 6:46 am GMT
The Japanese yen remains higher in early trade with China’s manufacturing sector still in contraction. The HSBC final manufacturing PMI data showed further slowdown, ticking lower from 48.3 to 48.1. Analysts were expecting a modest move higher to 48.4. This is the fourth consecutive month under 50, which indicates slower growth expansion. The yen, also, […]

Additional BoJ Stimulus Unlikely with Inflation on Target; Selective Yen Trading

by Christopher Lemieuxon May 1, 2014 12:42 pm GMT
Additional stimulus from the Bank of Japan (BoJ) is unlikely as inflation picks up at its fastest pace since 1992. BoJ officials are quite confident that they will achieve their two percent target and will continue to ease at the current pace even as inflation reaches above two percent. The national reading of inflation has […]