The Bank of Japan is likely
to keep interest rates ultra-low on Friday but consider whether
to start reducing its huge balance sheet in a slow but steady
retreat from its massive monetary stimulus. .
Bank of Japan to Keep Ultra-Low Rates, May Signal Bond Taper usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
A look at the day ahead in Asian
markets. An interest rate decision in India and Chinese trade figures are
the main events for investors in Asia on Friday, rounding off a
tumultuous week. -June 06, 2024 at 05:45 pm EDT
- MarketScreener
An interest rate decision in India and Chinese trade figures are the main events for investors in Asia on Friday, rounding off a tumultuous week globally that saw an explosion of political volatility in the emerging world, heightened worries over U.S. growth and world stocks hitting new highs. Asian markets go into Friday mostly on the front foot - the MSCI Asia ex-Japan index is up nearly 3% this week, the Hang Seng tech index is up almost 5% and, despite the political fireworks, Indian stocks are in the green. Capital is flowing into emerging markets.
Morning Bid: India Rate Decision Rounds off Wild Week usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.