The Effects of a Month of Negative Rates in Japan (News: 14/03/16)

Today's Press

• Shares, dollar rise, with eyes on central bank decisions

  European shares followed Asian stocks higher on Monday, adding to gains chalked up after last week's stimulus package from the European Central Bank, while oil prices fell as Iran dashed prospects of a quick deal to freeze output.

• The Effects of a Month of Negative Rates in Japan

  The Bank of Japan shocked markets in January with negative rates. The policy had immediate effects on financial markets, even before it actually started on February 16.

• Fed grapples with split economy

  A Federal Reserve meeting tops a busy week of economic news that includes reports on retail sales, housing, industrial production and inflation. While the Fed is expected to stand pat on interest rates for a second straight meeting, it could signal how much a recent upturn in financial markets has affected its plans and whether an April or June hike is in the offing.

Next Trading Day's Important Events

• 06:00 (GMT+3) BOJ Interest Rate
• 15:30 (GMT+3) US Retail Sales

Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Quotes:

• USDJPY: 113.62
• EURUSD: 1.1129

Indices:

• S&P 500: 2,022.19
• NASDAQ : 4,748.47

By: Natalya Indeeva