Bank of Japan eases monetary policy on Wednesday

Source: CNBC.com
On Wednesday, the BOJ eased monetary policy through supporting its asset buying program, as weakening exports and outcome from a territorial conflict with China showed that prospects of a short-term recovery in Japan's economy faded. The Yen dropped to a month low, bonds advanced and Nikkei stock average reached a four-month high amid the decision of a bigger-than-forecast stimulus.

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