BOJ remains optimistic to achieve inflation target - WSJ

Wall Street Journal (WSJ) report quotes people familiar with the BOJ's thinking as saying that the central bank is optimistic about achieving 2 percent inflation target in 2 years. 

Key points

  • Market overreacted to the routine change in bond buying (seen two weeks ago). It wasn't meant to signal any broader policy shift. 
  • BOJ likely to keep rates unchanged at next week's meeting. 

WTI Oil - Off ten-day low, still down 1%

WTI oil has recovered from the ten-day low of $62.75 but still remains 1.10 percent lower on the day at $63.10 levels. Prices fell in Asia from the h
Baca selengkapnya Previous

GBP: In search of a positive catalyst for further upside - ING

Viraj Patel at ING Bank, in its latest daily fx strategy reports, notes that the GBP/USD pair is awaiting some positive fundamental or political new
Baca selengkapnya Next