The statement by the Japanese Central Bank was received as a sign of improving given its prior comments about a worsening economic outlook. What seems to be a trend by Central Banks, the BoJ has stressed how the Japanese economy has begun to stop its deterioration.
The unanswered question on the table is their plans for the corporate bond purchase program that expires this September.
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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