BoJ may pursue more accommodative policy

Note: This section contains information in English only.
Source: Reuters
According to anonymous sources, the Bank of Japan is expected to expand its asset purchasing programme by 10 trillion yen, instead of the usual amount of 5 trillion yen. The decision should be announced on Friday (Apr 27) after BoJ policy board meeting. The national bank has come under pressure by politicians lately and is currently struggling to meet the target inflation of 1%.
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Wed, 25 Apr 2012 12:07:30 GMT

Oil climbs on supplies data

Crude oil futures to be delivered in June advanced 0.1% or USD 0.11 and reached USD 103.66 a barrel in Asian session on inventory report which showed supplies declined by 985 000 barrel last week. May heating oil climbed 0.3% or USD 0.01 to USD 3.14 per gallon whereas natural gas to be delivered in May also gained 0.3%, reaching USD 1.98

Wed, 25 Apr 2012 10:34:29 GMT

UK faced a recession in the first quarter

The UK economy unexpectedly contracted during the 1st quarter of 2012 as manufacturing output and construction activity declined. The British Gross Domestic Product fell 0.2% in the first quarter, following a 0.3% drop in the fourth quarter of 2011, Office for National Statistics said on Wednesday. GDP remained unchanged from the similar period year earlier. Economists predicted the economy to grow

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