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自早盘高点回落(Down from early high)
自早盘高点回落(Down from early high)
On Friday (October 5th), in early morning trading, the dollar traded against the yen and is now trading at 78.50. Days at noon the Japanese central bank interest rate decision will be announced, although in the last decision in the Bank of Japan to expand the scale of QE, the market generally expected the Bank of Japan may halt the troops and wait. But the pressure from the governments new officials may still hurt the Bank of Japan, so investors need to be cautious.
For now, the Bank of Japans October interest rate decision is a matter of concern to investors, especially in the recent political pressure on central banks in Japanese politics.
On Thursday, Japans new economy minister Maehara Kishi has confirmed on Friday the central bank in the monetary policy meeting held before the original, our central bank had called on the city to take a more lenient policy to stimulate economic growth and end deflation, for example, take the method of buying foreign bonds.
Earlier, few cabinet members will take the initiative to participate in the central bank policy meeting, worthy of investor vigilance is that although Maehara Kishi did not vote, but it may use political power to pressure the monetary policy committee.
At present, most analysts believe the Bank of Japan will maintain its existing policy unchanged, because September will expand the scale of asset purchases is 10 trillion yen, but in the case of significant political pressure does not exclude unexpected results. If the Bank of Japan strongly hinted at or actually introduced more loose monetary policy, it could lead to a weaker yen in the near future, and if the result is in line with market expectations, it is unlikely to have much impact.
Crude oil prices were up sharply this week, and oil prices surged Thursday (October 4th) after Wednesdays (October 3rd) crude oil price crash on because of Turkeys possible use of force against Syria. Crude oil shocks in a short period of time, th
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