Option Millionaires

[jimmybob]

The has BoJ shocked markets with expansion in annual asset purchases
The has BoJ shocked markets with expansion in annual asset purchases, to Y80 tln from Y50 tln with regard to JGB deb. The central bank also announced a tripling in its purchases of exchanged-traded funds (ETFs) and real estate investment trusts (REITs). The expansion was decided by a tight vote of 5-4. The BoJ cited "weak domestic demand after the sales tax hike and sharp falls in oil prices that are weighting on inflation." The announcement has seen Japanese stocks surge (the Nikkei is up by nearly 5%), which added to confirmation that Japan's Government Pension Fund will increase its holdings of equities, and the yen dive sharply to six-year lows versus the dollar