The Bank of Japan's decision to maintain its key policy settings has led to a weakening of the yen and a rise in Japanese shares. Governor Ueda stated that the central bank won't rely on a single data set for policy direction and won't hesitate to take additional easing measures if necessary. He also mentioned that the decision in January will depend on information available by then and that there is no talk on the board about avoiding normalization in March. The yen fell 1% against the dollar after Ueda pushed back against bets for a near-term interest-rate hike, and he admitted that it's difficult to exit negative rates, shattering normalization hopes.
Stock market today: Asian shares gain after Wall Street ticks higher amid rate-cut hopes https://t.co/KZP7AbLd2A
European markets head for higher open; UK inflation data ahead https://t.co/aaeNXfDO59
Asian shares rise as US rate cut fever lingers, oil holds gains https://t.co/eEvfneDrOY https://t.co/eG7FgPf2eG
Asia markets gain, Japan stocks extend rise on dovish BOJ https://t.co/qs3r6psqoD
Yen Plunges After BOJ's Ueda Admits It's "Difficult To Exit Negative Rates", Shattering Normalization Hopes https://t.co/hUrpdPxW5m
#BOJ Heads for More Policy Tweaks: Wakatabe Former BOJ Deputy Gov Wakatabe on forces driving #Ueda toward policy normalization. Tiny odds of January move, April more likely once key wage data tallied. Says #Fed Rate cuts shouldn't affect BOJ's timing. https://t.co/SxOLTcHHCU
π΄ BOJ'S HOLD HITS YEN, OFFERS FRESH IMPETUS TO BONDS - EUROPE MARKET WRAP https://t.co/IVrBHLwUzj
European shares rise as dovish BOJ helps risk-on sentiment; inflation data in focus https://t.co/5rl9H5qifQ https://t.co/FoeQibXxSO
The yen dropped and Japanese shares rose after the BOJ kept policy unchanged https://t.co/dFgMU7Bakm
The yen dropped and Japanese shares rose after the BOJ kept policy unchanged https://t.co/zdHb8T9gk8
The yen dropped and Japanese shares rose after the BOJ kept policy unchanged https://t.co/GHBivts6sb
UPDATE: TheΒ yenΒ falls 1% against the dollar as Bank of Japan Governor Ueda pushes back against bets for a near-term interest-rate hike https://t.co/3julo69pSg https://t.co/s7uxfRTR79
BOJ governor Ueda says at this point it is difficult to lay out a plan for an exit from negative rate policy
π΄ BOJ'S GOVERNOR UEDA: THE DECISION IN JANUARY WILL DEPEND ON INFORMATION BY THEN.
BOJ Governor Ueda's comments at news conference https://t.co/dzQMKCV1kj https://t.co/2P4OHX0kin
π΄ BOJ'S GOVERNOR UEDA: NEGATIVE REAL WAGES ARE NOT AN OBSTACLE FOR A POLICY SHIFT IF THE WAGE OUTLOOK POINTS TO POSITIVE REAL WAGES AHEAD.
π΄ BOJ'S GOVERNOR UEDA: THERE IS NO TALK ON THE BOARD ABOUT AVOIDING NORMALIZATION IN MARCH.
π΄ BOJ'S GOVERNOR UEDA: ACCOMMODATIVE CONDITIONS WOULD BE MAINTAINED FOR AN UNSPECIFIED PERIOD OF TIME AFTER LIFTING OF NEGATIVE RATES.
π΄ BOJ'S GOVERNOR UEDA: I DON'T HAVE A DETAILED PICTURE OF WHAT POLICIES WOULD BE TAKEN IN WHAT ORDER WHEN TIME COMES FOR AN EXIT FROM THE NEGATIVE INTEREST RATE POLICY.
π΄ BOJ'S GOVERNOR UEDA: I CANNOT DENY SOME NEGATIVE EFFECT OF NEGATIVE INTEREST RATE POLICY ON FINANCIAL INSTITUTIONS' PROFITABILITY.
π΄ BOJ'S GOVERNOR UEDA: GENERALLY SPEAKING, POLICY CHANGE COULD INVOLVE AN ELEMENT OF SURPRISE.
π΄ BOJ'S GOVERNOR UEDA: THE FED'S RATE-CUT PHASE MAY HAVE AN IMPACT ON JAPAN'S ECONOMY, INCLUDING ON FX RATES.
π΄ BOJ'S GOVERNOR UEDA: RISING SOFT LANDING EXPECTATIONS FOR THE US ECONOMY ARE POSITIVE FOR JAPAN'S ECONOMY.
π΄ BOJ'S GOVERNOR UEDA: MONETARY POLICY IS UP TO EACH COUNTRY TO DECIDE, THE BOJ WILL CONDUCT ITS OWN INDEPENDENTLY OF WHAT THE FED DOES.
π΄ BOJ'S GOVERNOR UEDA: SOFT LANDING EXPECTATIONS FOR THE US ECONOMY ARE RISING.
π΄ BOJ'S GOVERNOR UEDA: WE WON'T RELY ON A SINGLE DATA SET FOR POLICY DIRECTION.
π΄ BOJ'S GOVERNOR UEDA: WE WON'T HESITATE TO TAKE ADDITIONAL EASING MEASURES IF NECESSARY.
The yen weakens after the BOJ stands pat https://t.co/eY2v0T9Xj1
π΄ YEN DROPS ON BOJ HOLD, ASIA STOCKS TRADE MIXED - ASIA MARKET WRAP https://t.co/3j7LweuXo3
The yen weakens after the BOJ stands pat https://t.co/3iIKpnRZI8
The yen weakens after the BOJ stands pat https://t.co/pcejKD3Paf
The yen weakens after the BOJ stands pat https://t.co/rJcgWOCawb
Yen falls after Bank of Japan sticks with negative interest rates https://t.co/8jvFW8ykiT
Yen slips, Nikkei gains as BOJ stands pat https://t.co/np6qN9mBUI https://t.co/Ls6QtXr523
The yen weakened after the Bank of Japan maintained its key policy settings https://t.co/SDx5LzfeaH
The yen weakened after the Bank of Japan maintained its key policy settings https://t.co/9lNf10qFw2
The yen weakened after the Bank of Japan maintained its key policy settings https://t.co/Et7TG3wt7I
π΄ DOLLAR/YEN RISES OVER 0.4% AFTER BOJ MAINTAINS POLICY STANCE
π΄ DOLLAR-YEN RISES AFTER BOJ STANDS PAT ON JPY
Yen awaits critical BOJ outcome; dollar adrift https://t.co/pBGygdmTYE https://t.co/HctaliXUId
β οΈ YEN AWAITS CRITICAL BOJ OUTCOME; DOLLAR ADRIFT Full Story β https://t.co/8JIo8omcFa https://t.co/fRHY8T8Woj
β οΈ YEN, ASIAN STOCKS IN CAUTIOUS MOOD AHEAD OF BOJ DECISION Full Story β https://t.co/6RnYgg9q2W https://t.co/YamJ3DAAp6
Yen clings on to gains ahead of key BOJ decision; dollar slips - Reuters https://t.co/c2ek2bA0Mr