BoJ pledges monetary easing

Note: This section contains information in English only.
Source: Dukascopy Bank
"The BOJ will pursue powerful easing"
- Masaaki Shirakawa, Bank of Japan Governor

Bank of Japan Governor Masaaki Shirakawa pledged to continue to add monetary stimulus.

"The BOJ will pursue powerful easing" to help overcome deflation, said Shirakawa.

Japanese stocks rose, snapping last week's losses.

The Nikkei 225 rose 0.70%, or 66.05 points, to 9,524.79, while the broader Topix edged higher 0.50%, or 4.04, to 809.88.

"The market was ready for a rebound after falling seven days," said Yutaka Miura, a senior technical analyst at Mizuho Securities Co.

© Dukascopy Bank

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