The Bank of Japan (BOJ) seems to have trimmed purchases of exchange-traded funds (ETF) amid stock market stability. On each of the four days that it conducted operations this month, the BOJ bought 70.2 billion yen ($631 million) of regular ETFs tracking Japanese shares, according to Bloomberg Quint. That is the lowest daily amount since the central bank doubled its annual buying target in July 2016. The cut in ETF purchases does not necessarily mean the central bank is tapering its ETF buying program. The BOJ has said that it may increase or decrease purchases depending on market conditions. Further, calls for additional stimulus are increasing amid global growth slowdown. 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 Sources: US aims to cut Iran oil exports to under 1 million bpd from May – Reuters FX Street 4 years The Bank of Japan (BOJ) seems to have trimmed purchases of exchange-traded funds (ETF) amid stock market stability. On each of the four days that it conducted operations this month, the BOJ bought 70.2 billion yen ($631 million) of regular ETFs tracking Japanese shares, according to Bloomberg Quint. That is the lowest daily amount since the central bank doubled its annual buying target in July 2016. The cut in ETF purchases does not necessarily mean the central bank is tapering its ETF buying program. The BOJ has said that it may increase or decrease purchases depending on market conditions.… 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.
