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© 2016 AFPTokyo investors eye Fed, BOJ meetings next week after Nikkei surges
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The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© 2016 AFP
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ThonTaddeo
This might be the most egregiously one-sided "news" article yet, shot through from beginning to end with pro-BOJ, pro-Abe bias.
The elites really do expect us to support and cheer on our own impoverishment.
Is the chocolate ration going up to 20 grams next week? Have we always been at war with Eastasia?
Supey11
So for each to contribute positive ingredients, that would mean:
Fed- "let's do what we can to strengthen the dollar"
BOJ- "let's do what we can to devalue the yen"
Seriously, In the US (as with anywhere else on earth) a strong economy makes the currency stronger, and vice versa.
In Japan, a strong economy makes the yen weaker, and a strong yen makes the economy weaker. Abe-nomics is certainly unique!!
some14some
yes, but this year alone Nikkei has lost 9.12%
Mike3113King
Fundamentals be damned, the air is coming out of the bubble which was blown up, and requires more monetary stimulus to prevent it from popping. We are in a world wide recession, and central bankers can only print more money to make believe we're not. In other words, don't pay any attention to the real metrics of worldwide GDP growth, like the Baltic Dry Index, ( a measure of raw materials) shipped worldwide, at decade lows, or the price of oil, which is a measure of growth, jut pay attention to the stock market. Problem is, you're not really any wealthier when the market is up 30% but your currency is also down 30%.