Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  March 22, 2013 10:05:55

Kuroda (BoJ) disappointed markets and did not report any additional stimulation, only strengthened the


Japanese yen has strengthened significantly in response to market disappointment from yesterday's first speech by Haruhiko Kuroda in Func new head of the Bank of Japan. Kuroda and disappointing compared to the general market expectations did not report any new stimulus steps. Kuroda only reiterated that the BoJ will do everything necessary to achieve the inflation target 2procentního including using an additional asset purchases. Kuroda has indicated that the new stimulation could take a turn up next year.

Japanese currency in response to disappointment has gained almost 2% against the dollar. Japanese equity markets weakened, led by major exporters such as automakers and consumer electronics manufacturers.
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Kuroda (BoJ) zklamal trhy a neoznámil žádnou další stimulaci, jen výrazně posílil

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