BoJ's Hold Hits Yen, Offers Fresh Impetus to Bonds - Europe Market Wrap
- The yen fell and global bond yields fell after the Bank of Japan signalled that it is not in a rush to remove negative interest rates. - The yen sank
- The yen fell and global bond yields fell after the Bank of Japan signalled that it is not in a rush to remove negative interest rates. - The yen sank
Good Morning Traders! This Tuesday we get Eurozone CPI Final data, Here is what to expect from today. Sentiment According to a statement, the Bank of Japan retained its short-term rate at -0.1%
- The yen reversed gains as the Bank of Japan maintained its policy rate and continued the world's final negative-rate regime. - Japan's yen sank 0.4% to its lowest level in
The persistent climb in US equities continued on Monday, propelled by a flurry of deals as traders mostly ignored tempered messaging from Federal Reserve officials. The S&P 500 surged 0.5% Monday,
Good Morning Traders. Today is Monday the 18th of December, here is what to look out for. Sentiment Treasuries are edging higher and on track for a fifth day of gains, the longest
- Central bankers attempted to cast doubt on the possibility of significant interest-rate cuts early in the upcoming year, which left US stock futures unsure of where to go. - S&P