Forum Topics What? the BOJ are buying bonds!!
raymon68
2 years ago

Article: Buying Bonds! must still covid issues or something Japaneezy.

2b171181c39e0825a49b3d711c3a99ac6a873c.png

This Article below promted me to have look at the BOJ:

Global recession fears are starting to weigh on US but the move by BOJ to expand their bond buying range is a indirect way of high rates.

The Day of the announcement of 'Bond Buying" = The Nikkei 225 fell 2.82%, leading losses in the region and the Topix fell 1.86%. The Japanese yen strengthened by more than 2% against the U.S. dollar, hovering around its strongest levels since August. Japan-listed stocks of financial institutions and banks rose after the Bank of Japan announced it will widen its yield curve control band.

Mitsubishi UFJ Financial Group, or MUFG, rose as much as 9.6% shortly after the announcement and last traded 5.66% higher. Sumitomo Mitsui Financial Group also rose more than 7% and was last up 5%. Mizuho Financial Group also rose as much as 6.5%.


Heatmap - Economic Indicators By Country (tradingeconomics.com)

Data 5th colum is the inflation # for countries.

Example: Venezuela inflation is a massive 155.00% well these get the "Gong" maybe the 'GOAT'

Sri Lanka Inflation is 61.00%


13983663bc5118fc5fe3e038f0f8d0e3100552.png


10