Japan 1xbet economic news reports revealed the actual focus on 2016 fiscal year supplementary budget may be far lower than previously expected, which disappointed the market. UBS expects the Central Bank to raise the possibility of easing is 50% on Friday, below the market consensus. “
Driven by risk aversion, the yen rise again. On July 26, the Japanese Yen rose against the dollar near 2%, at 1 o’clock in the afternoon Beijing time, while the dollar fell to 104.27 yen, its lowest level in 14 days. As of 7 o’clock Beijing time, the dollar at 104.41 yen, or 1.75%.
Most markets view expected Japan’s Central Bank, announced on Friday the stakes scale of monetary easing, as Bloomberg survey conducted July 15-22nd, 41 analysts have 32-bit expected Japan’s Central Bank will end on July 29 meeting price easing, this proportion was the highest level in three years. Released on July 25, the report notes that UBS Securities, the Bank noted that if Japan’s Central Bank said the Government stimulus policies at the same time, raise monetary easing, it will effectively affect the market and the economy.
“Week 5th possibility central banks sit on their hands as well. First is the overweight actually have limited room for loose. Also the United Kingdom to exit after the effect of drawing a conclusion premature, after 1xbet the economic news, United Kingdom’s Central Bank, the European Central Bank is staying put, Japan’s Central Bank is likely to take a wait-and-see attitude. In addition, in Chengdu at the weekend meeting of G20 Finance Ministers and Central Bank Governors meeting, the United States sounds to avoid a currency war, which may also give Japan’s Central Bank into the pressure. “Analysis of the evergreen tree road.
UBS Securities estimates, Japan’s Central Bank raise loose situation will be at the current annual growth of 80 trillion based on the monetary scale to add 10 trillion; the current negative interest rate on excess reserves would drop by 10 basis points.
“Friday is unlikely to announce drastic price easing, at best, announced that it would increase monetary stimulus target of 80 trillion of base currency raise trillions of scale, is unlikely to further cut the interest rate on excess reserves. Japan’s Central Bank is likely to appear more extreme situations, significantly overweight loose, such as economic recession, dollar/Yen exchange rate climbs above 90. “Okubo craft history.