Bank of Japan downgrades its forecasts for economic growth

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/

Bank of Japan (BOJ) has reduced its economic evaluation as worldwide slowdown hurts exports increasing Japan's vulnerability to Eurozone's debt crisis. Masaaki Shirakawa BOJ's Governor announced that central bank has decided to leave repo rate unchanged at 0.1% as well as to stick to asset purchase fund of ВҐ20 trillion ($260 bn). Fixed-rate lending package remained also untouched to stimulate commercial banks to increase lending.

Back to articles

Actual Topics

Wed, 16 Nov 2011 09:44:02 GMT

CEO of Goldman Sachs optimistic about economic growth

Lloyd C. Blankfein, CEO of Goldman Sachs Group Inc. claims that economic recovery will come as a surprise and retrieval will be faster than expected.  Nevertheless, Blankfein admitted he does not know when the recovery will begin. In October Goldman Sachs, the 5th biggest US bank reported loss second quarter in a row, however, Blankfein suggests no radical operation changes are needed.

Wed, 16 Nov 2011 09:43:49 GMT

Monti certain on ending debt crisis

Mario Monti, prospective Italian PM said he is self-assured that Italy can tackle current crisis. On Wednesday Monti will meet President Giorgio Napolitano to present the new government. According to Monti, talks with political parties, employers and unions were productive and useful. All parties engaged in agreement, made their contribution to positive outcome.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.