In the final quarter of 2018, the German economy stalled, narrowly dodging recession because the fallout from global trade clashes and Brexit threatened to heavily impact a decade-long expansion in the EU’s number one economy…
BOJ doesn’t change its policy
On Thursday, the Bank of Japan kept monetary policy intact and also offered a more positive view of the national economy than the previous month, indicating its confidence that a pick-up in overseas demand will assist to sustain an export-driven revival.
However, Japan’s major financial institution moderately reduced its inflation prediction for this fiscal year in a quarterly review of its projections, telling that it’s about to maintain its massive monetary stimulus for the time being to meet its ambitious 2% objective.
As the BOJ revealed, Japan's economy has been turning towards a modest expansion, compared with last month's assessment that the Japanese economy keeps reviving modestly as a trend.
In a widely expected move, Japan’s major bank maintained the 0.1% interest charged on a portion of excess reserves, which commercial banks park at the major bank.
At the two-day policy gathering, which ended on Thursday, the major bank also kept its yield objective for 10-year government bonds around 0%.
In January, the annual rate of inflation in Great Britain went down to 1…
The levels of retail sales and core retail sales for the US will be released on February 14 at 15:30 MT time.
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Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…