The FinTech Hub
Source: Live Mint Japan’s sovereign debt market is flashing a warning to the central bank that dialing back its bond purchases needs to be done with great care. The issue is in sharp relief this week, with investors shunning an auction of government debt and yields soaring, just as market participants sit down with Bank…
Source: Live Mint TOKYO, – Yields on Japan’s shorter-ended bonds fell on Friday amid strong investor demand for these notes, on expectations that the Bank of Japan will not raise rates soon. The BOJ on Thursday kept interest rates steady and sharply cut its growth forecasts, suggesting uncertainty surrounding U.S. tariffs and the hit to…
Source: Live Mint TOKYO, March 21 (Reuters) – Japan’s Topix index climbed to an eight-month high on Friday, as financials gained following stronger-than-expected inflation data, which fuelled expectations for interest rate hikes by the Bank of Japan. The broader Topix rose to a high of 2,817.58, its highest since July 24, and closed the morning…
Source: Live Mint Making sense of the forces driving global markets Happy Friday! Well, what a week that was. From Germany’s historic fiscal U-turn to the head-spinning uncertainty surrounding U.S. tariffs, from U.S. recession warnings to the snowballing selloff on Wall Street, investors had barely a minute to catch their breath. And these are only…
Source: Live Mint The Bank of Japan is on course to finish offloading millions of dollars of stocks that it bought from beleaguered banks during the financial crisis two decades ago sooner than scheduled, a development that throws into focus the fate of its considerably larger holdings of exchange-traded funds. The book value of share…
Source: Live Mint A look at the day ahead in U.S. and global markets from Mike Dolan The dollar fell to its lowest of the year as the Bank of Japan delivered a long-awaited interest rate rise on Friday, euro business unexpectedly returned to growth and President Donald Trump’s latest comments gave China a lift….
Source: Live Mint Stock market today: The Indian stock markets opened on a cautious note on Friday, experiencing selling pressure as both benchmark indices began the day in negative territory. Throughout the day, the indices fluctuated between the green and red zones, ultimately trading in a largely flat manner in the second half. By mid-session,…
Source: Live Mint (Bloomberg) — Bank of Japan Governor Kazuo Ueda strengthened speculation of a looming policy move by flagging the decision on whether to raise interest rates at next week’s meeting in a comment that strengthened the yen. The governor also said Wednesday he heard many encouraging views on pay during new year events…
Source: Live Mint (Bloomberg) — Bank of Japan Deputy Governor Ryozo Himino signaled the possibility of an interest rate hike next week by saying that the board will be discussing it, making it clear that the option is on the table. “In conducting monetary policy, it is difficult but essential to judge the right timing,”…
Source: Live Mint The Sahm Rule might be a good indicator of a recession. But the timing of when the Bank of Japan unnecessarily hikes interest rates might be even better. Until the events of recent days, Bank of Japan Governor Kazuo Ueda had earned plaudits for unwinding the massive stimulus policies of his predecessor without…
