Monday, 3 November 2014

BOJ Picks Up Bond Buying: Stocks Soar, Deflation Looms

Otmane El Rhazi from Investor's Business Daily - Investing RSS.



Tokyo's stock market was closed Monday for Japan's Culture Day, giving investors a breather after the Bank of Japan aggressively expanded its monetary stimulus effort on Friday. Tokyo's Nikkei 225 vaulted 4.8% during Friday's session, sending it ahead 7.3% for the week. The gain sent the Nikkei to its highest mark since 2007, although it is up less than 1% so far this year. The Bank of Japan said it would, starting next year, accelerate its

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