In a well-telegraphed move, the Bank of Japan delivered what investors had been waiting for - ending its negative interest rate policy after eight years...
In a well-telegraphed move, the Bank of Japan delivered what investors had been waiting for - ending its negative interest rate policy after eight years. The pivot marks the country's first rate hike since 2007.
BOJ Governor Kazuo Ueda is due to speak at 0630 GMT to further explain the move and the market will focus on the tone to gauge whether the last dove in the developed market is ready to tighten more. That left the Aussie/yen cross, often a good measure of investor desire for carry trades and global risk appetite in general, little changed in Asian hours.
Here’s a great Canadian dividend stock you can buy at a big bargain right now and hold for the long term. The post 1 Dividend Stock Down 18% to Buy Right Now appeared first on The Motley Fool Canada.OTTAWA — Economists say inflation likely flared up again in February amid higher gasoline prices, reinforcing the expectation that the journey back to two per cent inflation will be a bumpy one. Statistics Canada is set to release its February consumer price index report on Tuesday.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Morning Bid: Nerves stretched, China data dump kicks off key weekThe MSCI Asia ex-Japan index's 1.4% slump on Friday - its steepest since January - sealed its biggest weekly loss in two months, while Japan's Nikkei 225...
Read more »
Morning Bid: Some China cheer as central banks enter the starting gatesIt's been a mostly quiet start to a busy week in Asia, though China came bearing positive surprises as industrial output and retail sales beat forecasts...
Read more »
Morning Bid: Rates, oil lifted by China's green shootsA rare positive surprise from Chinese industry and retail has unnerved interest rate and energy markets some more, upping the stakes at this week's major...
Read more »
Morning bid: Tech tonic as world awaits BOJ fireworksThe Bank of Japan delivers its potentially historic policy decision on Tuesday against a backdrop of positive investor sentiment after a wave of bullish tech...
Read more »
Morning Bid: Are China's inflation, capital flows tides turning?Signs of fatigue on Wall Street and mixed Chinese inflation data will set the tone for Asian markets on Monday, with growing expectations of a landmark...
Read more »
Yen strengthens against dollar as Bank of Japan signals exit from negative ratesThe yen strengthened against the dollar on Monday as signs the Bank of Japan will exit negative interest rates at its policy meeting next week contrasted with expectations for the Federal Reserve to cut rates in June.
Read more »