Seeking a Safe Shelter
Tuesday, September 20, 2016
When the economy is in a prolonged slump, only the central bank can move the market. So once again, markets will keep their eyes glued on the US and Japanese central banks. On September 20-21, both the Bank of Japan (BoJ) and the US Federal Reserve (Fed), will convene and, no doubt, this will raise the pace of investors' pulse.
The outcome of these two meetings, on opposing sides of the globe, will determine the fate of world markets. The announcement from Japan, due to its earlier time zone, will be the first to move markets. Half a day later, all eyes and ears will be on Janet Yellen, head of the US Fed. There are also two central issues. In Japan, investors will see whether the quantitative easing (QE), wherein the central bank prints money to buy government and corporate bonds, will continue. While in the US, once again, the speculations of a Fed rate hike will be the main focus.
arsip tempo : 173505675198.
When the economy is in a prolonged slump, only the central bank can move the market. So once again, markets will keep their eyes glued on the US and Japanese central banks. On September 20-21, both the Bank of Japan (BoJ) and the US Federal Reserve (Fed), will convene and, no doubt, this will raise the pace of investors' pulse.
The outcome of these two meetings, on opposing sides of the globe, will determine the fate of world markets. The announcem
...
Subscribe to continue reading.
We craft news with stories.
For the benefits of subscribing to Digital Tempo, See More
