Bank of Japan sets up programme for Dollar loans

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Source: Bloomberg
The Bank of Japan decided to expand its programme for US Dollar loans, adding JPY 1 trillion (USD 12 billion). BoJ also announced it will keep its key interest rate unchanged between zero and 0.1%. Central bank's stimulus follows a call from leading Democratic Party to implement more tough steps to tackle deflation. Japanese Yen climbed on today's decision. 
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Tue, 13 Mar 2012 07:56:35 GMT

European stocks fluctuated between gains and losses on China's trade gap

European markets traded mixed on Monday as investors anticipated news the China's trade shortfall increased to a 12-year record high in February. Stoxx Europe 600 index fell 0.22% at 264.84 and French CAC 40 index modestly climbed 0.07% to 3,490.06. FTSE 100 index added 0.09% to 5,892.75 and German DAX index surged 0.31% and closed at 6,901.35. Athens General Index

Tue, 13 Mar 2012 07:10:17 GMT

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