BoJ June 15-16 meeting summary of opinions: timing of future exit from easy policy cannot be foreseen as achievement of price target still considerably distant

Market news

26 June 2017

BoJ June 15-16 meeting summary of opinions: timing of future exit from easy policy cannot be foreseen as achievement of price target still considerably distant

Remarkable improvement in CPI has yet to be seen, it would take some time for inflation to accelerate
Most effective way to achieve price target is to continue current monetary policy
Increase in wages and prices have not been accelerating despite improvements incorporate profits, output gap
Firms are concerned about the increase in fixed costs amid low growth expectations

Major stock markets in Europe trading in the green zone: FTSE + 0.3%, DAX + 0.4%, CAC40 + 0.6%, FTMIB + 0.7%, IBEX + 0.3%

10-year U.S. treasury yield at 2.152 percent vs U.S. close of 2.144 percent on Friday

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.