Did the BoJ Just Ruin Powell's Plans?

Dec 20, 2022 • Duration: 00:45:00 • Topic: Investing, Cryptocurrencies, Finance, Economics, Interview, Trading

The Bank of Japan spooked markets this morning with a surprise adjustment to its yield curve control policy. The move, which allows the 10-year Japanese government bond (JGB) to move 50 basis points on either side of its 0.0% target rate, doubled the BoJ’s previous line in the sand and was seen by many investors as a hawkish turn as the bank fights domestic inflation. Weston Nakamura joins Andreas Steno Larsen from Tokyo to break down the BoJ decision and its implications for various global risk assets. Plus, Dale Pinkert, the head of trader development at TradeGateHub, is here to discuss the action in currencies, specifically the dollar’s response to a suddenly strengthened yen. We want to hear from you, so make sure to get your questions in.

Guest Name

Dale Pinkert and Andreas Steno Larsen

Keywords Name

Investing, Cryptocurrencies, Finance, Economics, Interview, Trading

Show Name

Daily Briefing

Content role

Public