According to analysts at Danske Bank, one of the key events for the Japanese markets and the global bond markets is the Bank of Japan meeting, which started today with the policy announcement tomorrow. Key Quotes “Last week, the BoJ announced twice that it would buy an unlimited amount of bonds. The last one on Friday was conducted when the 10-year JGB yield hit 0.10%. However, there has not been a bond purchase announcement this morning despite 10-year yields being marginally above the 0.10% yield level target.” “We still hold the view that the BoJ will not change the yield target this week, as the risk of a stronger JPY would be clearly counterproductive for it to reach the inflation target. That said, a policy adjustment (fine-tuning) in Q3 has increased significantly.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Japan: Employment rate to surge to 2.3% in June – Nomura FX Street 5 years According to analysts at Danske Bank, one of the key events for the Japanese markets and the global bond markets is the Bank of Japan meeting, which started today with the policy announcement tomorrow. Key Quotes "Last week, the BoJ announced twice that it would buy an unlimited amount of bonds. The last one on Friday was conducted when the 10-year JGB yield hit 0.10%. However, there has not been a bond purchase announcement this morning despite 10-year yields being marginally above the 0.10% yield level target." "We still hold the view that the BoJ will not change the yield… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
