Daily Morning Call

From the Floor: BoJ moves to halt bonds crash

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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...