The Bank of Japan's decision was well anticipated. Most measures it plans to implement appear to be within market expectations.
More Quotes from Naomi Hasegawa:
Market expectations appear to be accelerating and unless the central bank takes action soon, it may lose the market's confidence.Naomi Hasegawa
The headline figure was not as strong as expected but the overall picture is strong. Bonds are falling as investors focus on the strong parts of the report.
Naomi Hasegawa
The report suggests we're one step closer to the Bank of Japan's exit from its current loose monetary policy. That's negative for Japanese government bonds.
Naomi Hasegawa
A gain in the Nikkei above 16,500 will test investors' nerves and lead them to hold off buying bonds, pushing up yields.
Naomi Hasegawa
Many investors are reluctant to trade actively before the central bank starts its two-day meeting Wednesday.
Naomi Hasegawa
The JGB market got some lift from losses in stock prices and from index-trackers (funds) stepping in to purchase government debt paper.
Naomi Hasegawa
Readers Who Like This Quotation Also Like:
Based on Topics: Decision Making QuotesDoubt is to certainty as neurosis is to psychosis. The neurotic is in doubt and has fears about persons and things; the psychotic has convictions and makes claims about them. In short, the neurotic has problems, the psychotic has solutions.
Thomas Szasz
Noise proves nothing. Often a hen who has merely laid an egg cackles as if she laid an asteroid.
Mark Twain
And I look forward to the time when I can become more indulgent with my songwriting. But this band is a family, and it's a process that we have to grow with together.
Stone Gossard