Ueda speech: Still need some time to consider what to do with BoJ’s ETF holdings
Source Fxstreet
Speaking before the Japanese parliament on Tuesday, Bank of Japan (BoJ) Governor Kazuo Ueda said, the central bank “still need some time to consider what to do with BoJ’s ETF holdings.”
Additional quotes
Must think about valuation and market rout risks when offloading BoJ’s ETF holdings.
BoJ’s massive JGB holdings have stock effect that would slightly lower long-term yields.
BoJ’s JGB holdings would continue to have stock effect since reduction pace is extremely slow.
Japan's output gap stands around zero, no big difference BoJ’s and cabinet office's estimates.
Market reaction
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
EUR/USD trades cautiously around 1.1400 ahead of ECB’s interest rate policyThe EUR/USD pair trades with caution, slightly above the key level of 1.1400 during Asian trading hours on Thursday. The major currency pair is expected to remain sideways, with investors awaiting the European Central Bank's (ECB) interest rate decision announcement at 12:15 GMT.
The EUR/USD pair trades with caution, slightly above the key level of 1.1400 during Asian trading hours on Thursday. The major currency pair is expected to remain sideways, with investors awaiting the European Central Bank's (ECB) interest rate decision announcement at 12:15 GMT.
The Ethereum Foundation (EF) released a treasury policy on Wednesday outlining how it will manage its assets.
Cardano price started a fresh decline below the $0.70 zone. ADA is now consolidating and might aim decline further below the $0.650 zone. ADA price started a fresh decline below $0.720 and $0.700.
Senator Cynthia Lummis, who leads the Senate Subcommittee on Digital Assets, says the US military backs a plan to create a Strategic Bitcoin Reserve. Jamie Dimon, the CEO of a major bank, recently
Gold price (XAU/USD) edges lower following an Asian session uptick to the $3,384 area amid a slight US Dollar (USD) bounce, though the near-term bias seems tilted firmly in favor of bullish traders.
Related Instrument
