Bank of Japan

Latest

Volatility in the markets is very likely to continue and even increase in the coming months. This could provide many profitable opportunities to the savvy trader. Geo-political risk is moving to the forefront of investors’ minds at present and is guaranteed to be increasingly influential in decision making for the remainder of 2016. We have the imminent Brexit referendum taking place on 23rd June; since its announcement on 20th Feb we have seen high volatility in Cable with…

Continue Reading →

To understand the Japanese Yen’s movement it is important to understand the term that is readily banded around as the reason for the currency’s depreciation, Abenomics. (See footnote explaining Abenomics) Further Stimulus On the 31st of January the Bank of Japan voted 5-4 surprising markets to increase its monetary base by 60 to 70 trillion Yen. The unprecedented move pushed the Nikkei to a 7 year high as USDJPY quickly depreciated. Latest Abe Announcements:…

Continue Reading →

Trading yesterday in the UK had little macro news to drive markets, with the media focusing on the passing on first female Prime Minister of the UK. Thatcher was a controversial character, who in the City of London is usually revered and hailed for reviving the UK economy, but her policies were not without critics, especially from those who lived in communities with an industrial/mining focus. The media is awash with opinion pieces from all parts of the political spectrum, but there is…

Continue Reading →

Dow Jones closed at an all-time record high of 14,254 FTSE 100 touches a post Lehman Brother’s intra-day high 6,342 British manufacturers must not be “blindsided” by the importance of trading with Europe because the “big future for exports” is with emerging markets, according to Jim O’Neill, chairman of Goldman Sachs Asset Management - Daily Telegraph Capital flight from Cyprus has accelerated since eurozone politicians began threatening…

Continue Reading →