Bank of Japan left interest rate unchanged in line with expectations

Note: This section contains information in English only.
Source: Marketwatch
The Bank of Japan left the key interest rate unchanged in the range from 0 to 1% and did not announce expansion of asset-purchasing program. The bank stressed that the country's economy is moving towards stage of faster growth pace as public investments and private consumption both rose. However, attention has to be paid to Euro Zone's uncertainty and fluctuations in commodity prices, the bank added. Following the data release, the Japanese Yen appreciated against its US counterpart and USD/JPY traded at 79.61, falling by 0.43%.


Back to articles

Actual Topics

Wed, 23 May 2012 07:38:44 GMT

IMF calls for further rate cuts in the UK

The IMF reported that persistent weakness of the UK's economy means that officials have to consider more QE measures and further reduction of the interest rates. In case currently implemented budget cutting plan slows growth essentially, the country has to delay it, the IMF added. The easing measures may create inflationary pressure but the IMF suggestion came after UK inflation

Wed, 23 May 2012 07:49:45 GMT

Crude oil slid amid easing supply concerns

Crude oil futures declined in Asian session on Wednesday as Iran is ready to invite nuclear inspectors, the move that may ease oil import sanctions. Light, sweet crude oil futures for July delivery traded at 91.27 US Dollars per barrel, retreating by 0.63% from the last session's high of 91.72 US Dollars per barrel.

Subscribe to "Fundamental Analysis" feed

Souscrire
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.