Bank of Japan lines up $6bn in dollar ammunition

The Bank of Japan is to buy $6bn from the country’s national foreign exchange reserves in an unusual move to boost the central bank’s US currency holdings. The BoJ said it would make its first ever ... ( read original story ...)

Tokyo stocks open higher with eyes on US Fed

Japan has booked a trade surplus of 366.8 billion yen ($3.5 billion) in November, the fifth consecutive monthly surplus, according to data released by the finance ministry before the opening bell, ... ( read original story ...)

The Market the Central Bank Bought

Which makes it a good moment to point out that the Bank of Japan is now that country’s largest single owner of equities. This is a milestone worth marking since pressure inevitably will mount on other ... ( read original story ...)