Kuroda decides to expand monetary stimulus programme

Source: Bloombnerg
Haruhiko Kuroda, the Bank of Japan Governor, has persuaded the unsteady board to enhance already large monetary stimulus programme. Some analysts predicted such a step, as the Japan economy failed to achieve BOJ's 2% inflation target and the possibility of an additional increase in sale tax persisted. Still, to many market participants it was a surprise action that sent Nikkei 225 towards the highest level since 2007.
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Fri, 31 Oct 2014 11:56:04 GMT

Australian SME confidence remains shaky

The confidence amid small Australian business continues to be uncertain, while private sector survey shows the bigger stock market companies are displaying positive signs. The SME survey reveals that small companies confidence shrank one index point against four points during the third quarter, as the property and constructions firms provided support.

Thu, 30 Oct 2014 16:17:04 GMT

Euro area shows first sign of recovery

In the Eurozone the Economic sentiment grew against economists forecast. It could be a sign the Euro area is raising from the downturn, with Index of executive and consumer confidence increasing to 100.7 versus 99.9 in September. The ECB is sustaining the Region adding stimulus, as the robust confidence may help the area's flagging weak economy.

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