BoJ to expand QQE on low inflation

Oct 29, 2015 07:07 am UTC| Commentary

The BoJ is expected to expand the monetary easing programme tomorrow as half of the market analysts do. Disappointing inflation and GDP growth are the main reasons. Without more monetary easing, the Abenomics will likely...

More BoJ easing likely in near future

Oct 29, 2015 07:01 am UTC| Commentary Central Banks

There is no fixed time for the BoJ policy announcement tonight. It is typically 12:00 to 13:00 local time (03:00 to 04:00 GMT), though has run on considerably longer on some occasions, particularly if the decision is...

U.S. labor market outlook

Oct 29, 2015 06:47 am UTC| Commentary

The outlook for U.S. wages is of central importance to investors given its implications for everything from corporate profits to policy rate expectations. The main reason for the lack of wage acceleration thus far in this...

If BoJ expands QQE, USD/JPY rises toward 125 sooner

Oct 29, 2015 06:39 am UTC| Commentary

In a risk scenario, if the BoJ could ease by raising the pace of targeted monetary base expansion by 10-20tn/year, primarily by increasing purchases of JGBs (quantitative easing). Also, the qualitative aspect of easing...

If BoJ stands pat, USD/JPY lower, but still supported medium term

Oct 29, 2015 06:32 am UTC| Commentary Central Banks

Even if the BoJ stays on hold as expected at the upcoming meeting, it probably needs to revise both its growth and inflation outlook, as well as its projected timeline (around 1H FY16) for achieving the price stability...

UK mortgage approvals continue to grow

Oct 29, 2015 05:54 am UTC| Commentary

At last there seems to be a little more life in the UK mortgage data with steady increases over the last three months. The latest Credit Conditions Survey (CCS) reported lenders expecting to increase mortgage...

Flash Spanish October inflation likely weak

Oct 29, 2015 05:50 am UTC| Commentary

The flash Spanish HICP inflation is likely to remain weak. However, it should marginally improve from -1.1% yoy in September to -1.0% yoy in October, driven by a slight recovery in energy prices (gasoline), which...