
BANK OF JAPAN SHOCKS MARKETS ACROSS THE GLOBE WITH MAJOR CONSEQUENCES
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Bank Of Japan Shocks The Globe Please click here for a chart of Japanese yen futures (JPY_F). Note the following: Historically, Bank of Japan (BoJ) is known for surprises. Overnight, BoJ shocked markets across the globe. The chart shows the big move up in Japanese yen on the jolt from BoJ. BoJ is abandoning its present yield curve control after burning through billions of dollars. BoJ is changing the cap for the 10-year government bond interest rate to 0.5% from 0.25%. The rate






