Daily Morning Call

From the Floor: BoJ moves to halt bonds crash

747 views
The election of Donald Trump to the US presidency saw bonds sell off worldwide, but the Bank of Japan has now stepped in with a plan to buy an "unlimited" amount of short-term paper in an effort to stem the bleeding.
  • Bank of Japan announces 'unlimited' open market bond buying plan
  • One- to five-year maturities in focus, BoJ seeking to keep yields on target
  • Australian jobs reports mixed, AUDUSD gains but fails to hold new highs over 0.75
  • The dollar 'is still the top dog' in global forex markets: John J Hardy
  • Fed chair Yellen out speaking before Congress today in Washington
  • Mexican rate decision todat, market expects 50 basis point hike
  • EURUSD could still have further to go, parity may come into view
  • Italian referendum now the 'key risk' for equities: Peter Garnry
  • Low VIX levels could represent an opportunity before the Italian vote

More to come within the hour...