BoJ pledges monetary easing

Source: Dukascopy Bank
"The BOJ will pursue powerful easing"
- Masaaki Shirakawa, Bank of Japan Governor

Bank of Japan Governor Masaaki Shirakawa pledged to continue to add monetary stimulus.

"The BOJ will pursue powerful easing" to help overcome deflation, said Shirakawa.

Japanese stocks rose, snapping last week's losses.

The Nikkei 225 rose 0.70%, or 66.05 points, to 9,524.79, while the broader Topix edged higher 0.50%, or 4.04, to 809.88.

"The market was ready for a rebound after falling seven days," said Yutaka Miura, a senior technical analyst at Mizuho Securities Co.

© Dukascopy Bank

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.