Australian (ASX) Stock Market Forum

Reply to thread

Ahh, here it is


Well, this is shaking things up: the Bank of Japan has introduced negative interest rates in an attempt to spark inflation.

At the moment we're only seeing the headlines on Bloomberg, but we'll keep you updated.

Japanese stocks jumped more than 1 per cent  as trading resumed after the lunch break in Tokyo, swinging from a 0.4 per cent loss, while the US dollar shot up against the yen (see chart).



Read more: http://www.theage.com.au/business/markets-live/markets-live-oil-fuels-hopes-20160128-gmgj76.html#ixzz3ybOIITt4

Follow us: @theage on Twitter | theageAustralia on Facebook


EDIT: beat me to it! Cheerio


Top