BLOOMBERG On The Move October 31, 2014
Amounts of money into the monetary stimulus, but only three of 32 economists saw this one coming. Now it is going to be ¥80 trillion per year that the Japanese Central bank is injecting. About trying to foster that inflation, that 2 target they have. We look at what it did to asia. It ignited asian equities. Hang seng up more than 1 . Nikkei up almost 5 . Nikkei, highest in seven years. Lets see what it did to the yen. We saw the yen really see a sixyear low weakness, that is helping exporters of course. All of this helped by our rather tasty bit of gdp data yesterday. That helped the dollar....