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Trading Focus Turns To Japan And the Yen

Trading Focus Turns To Japan And the Yen

3 Years ago | July 24, 2016 00:00:00

John M. Bland, MBA

Abe Stimulus Worry
The focus in the latest week has turned from Brexit to the major economic stimulus plan promised by Japanese PM Abe after a major political gains in the latest elections. One disappointment came when BOJ Governor Kuroda indicated in a BBC Radio documentary broadcast on Thursday. In the interview, Kuroda threw cold water on the idea of "Helicopter Money". "Helicopter Money" is a concept introduced by former Federal Reserve Chairman Ben Bernanke, where the central bank in essence "prints" mo

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