Tatler-Cox: BOJ Abandons Monetary Supply Target

Tatler-Cox: BOJ Abandons Monetary Supply Target

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Tatler-Cox: Eagerly-anticipated central bank meeting delivers change but little cheer among investors.Tatler Cox: The highly-anticipated meeting of the Bank of Japan's (BOJ) monetary policy committee saw the central bank deliver the review it had promised but little in the way of cheer for investors.The central bank left interest rates unchanged at -0.1% despite having telegraphed to markets that there was ample scope to take rates deeper into negative territory and suggestions that it would focus more on rates than on the asset purchases it has been making as part of its quantitative easing program.The BOJ abandoned its target for increasing the base money supply by 80 trillion yen a year in favor of targeting the yield curve of Japanese government bonds at varying maturities. Initial reaction to the announcement was mildly encouraging with the yen weakening against the US Dollar and the benchmark Nikkei 225 index rising by more than 2% but as markets digested the minutiae, the yen strengthened and stocks pared gains."While initial reactions may have been positive, we think this meeting will be remembered for how it disappointed investors," said Mayla Yakumi, chief investment officer at Tatler-Cox."Many investors had been hoping for something a little more decisive from the BOJ but what they got was more pledges to reach the 2% inflation target and some tinkering around the yield curve."The BOJ has been the boldest central bank in terms of its willingness to use unconventional monetary policy to achieve its aims but its Governor, Haruhiko Kuroda, has recently begun to weigh the costs of persisting with the massive QE program against its benefits.Tatler-Cox has no plans to reduce exposure to Japanese equities but it says it will not be adding to holdings in the near-term.…

[Closed For Editting]The Arnashian Sagas : The Genesis

[Closed For Editting]The Arnashian Sagas : The Genesis

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Warning: This story needs a very heavy editting. Therefore I am closing this book temporarily. Pls do not start reading it. U can read at your own risk for you will not be able to cope up with the incidents once I finish editting. I will try to finish this soon. Sorry for the inconvenience created.Meet the wealthy Truscott family- Anna and Eric Truscott and their three kids Dirk, Sarah and Phyllis. Living in the hustle-bustle of city life, they were indeed as happy and well-off as peaceful families be. But suddenly, unfortunate turn of events force them to shift to countryside. And this time they have to act poor. Their dreams of a perfect holiday now shattered, the three children try to cope with their surroundings and circumstances in their own ways. As they are losing hope on life, suddenly a twist of events make the three stumble upon an adventurous and dangerous journey. A journey which will change their lives. A journey which questions their survival. Will they make it alive? Or will they completely lose on life........ Inspired by my favourite authors - J.K.Rowling, J.R.R Tolkein and C.S. Lewis.This is the first book in the Arnashian series (Book#1).I hope you like the book. This is my first work on Wattpad. There may be some informative or grammatical errors (I type really fast without looking at the screen), so please don't mind. And please keep commenting and voting. So guys, happy reading ;)[NOTE : This story is the unedited version of the real book. So please do not get pissed off if some incidents do not get linked with each other.]…