Bank of Japan (BoJ) news

The Bank of Japan (BoJ) is the central bank of Japan. It conducts monetary policy to achieve price stability and financial system stability. The BoJ employs various tools, including quantitative easing and yield curve control, to influence economic activity and promote sustainable growth in Japan.

Japan_Tokyo_City_Skyline
Nikkei 225: Bullish reversal above 45,000, no negative impact from BoJ’s ETF unwind
The Nikkei 225 extended its bullish run, hitting a record high of 45,956 on 18 Sep before a 3.2% pullback after the BoJ announced plans to unwind ¥79.5T in ETF holdings over decades. Despite this, Japanese equities remain supported by steady earnings upgrades, with the Citigroup Earnings Revision Index rising to 0.34. Technicals favor a bullish bias above 45,000, with resistances at 46,430/46,580 and 46,870.
by Kelvin Wong
Japan_Flag
1 2 3 4 5 … 17