Tags » BOJ

Notes From Underground: Arthur's Song, Lost Between the Moon and New York City

A long-time reader of Notes From Underground posted a comment to a previous post promoting long GOLD/short YEN. When I asked him about this trade he noted the onset of currency wars. 921 more words

Euro

Kuroda cautions that Japan can't keep current growth rate

(Source: www.businesstimes.com.sg)

Speaking in an interview with Bloomberg in Jackson Hole, Wyoming, Mr Kuroda also said the BOJ’s yield-curve control programme has been working quite well and that he doesn’t see a need to adjust it at present. 770 more words

Money Matters

Kuroda vows to maintain very accommodative policy for some time

(Source: www.businesstimes.com.sg)

Bank of Japan Governor Haruhiko Kuroda said the recent pace of growth in the world’s third-largest economy is probably unsustainable and pledged to continue with very accommodative monetary policy “for some time” because the BOJ is far from its inflation target. 484 more words

Money Matters

More Insanity: Nonfunctioning JGB Market Shrugs Off Kuroda

So the other day, in “‘A Reversal Could Be Very Painful’: JGB Average Volume Hits All-Time Low,” we suggested that one explanation for why yields didn’t react to the BoJ cutting purchases of 5-to-10 year JGBs by JPY30 billion to JPY440 billion last week, has to do with the fact that… 433 more words

Money Keeps Pouring In

By John Rubino – Re-Blogged From Dollar Collapse

Someday, stock, bond and real estate valuations will matter again. And the mechanism by which this return to sanity is achieved will probably be the torrent of money now flowing in from people who, for various reasons, don’t care about (or understand) the prices they’re paying. 1,020 more words

Monetary Policy

Waiting Game.

So this is a waiting game.

We’re waiting for Yellen and Draghi at Jackson Hole, and we’re waiting to see if the gridlock in Washington will end up triggering a government shutdown or worse, a catastrophic default. 491 more words

'This Is Very Unusual' - BoJ Plunge Protection Breaks Topix-Yen Link

Ok, so this is something we’ve noted before, but we wanted to flag it again because it’s a slow morning but more importantly, because it’s becoming more glaring. 368 more words