Bank of Japan’s Promise Boosts Other Stock Markets Outside Japan More




from WallStForMainSt

DOW futures were down last night until the Bank of Japan’s (BOJ) statement about trying to calm their stock market. Tokyo stocks plunged last week. The benchmark Nikkei 225 average lost more than 2,200 points, its biggest weekly fall since October 2008, when the global financial crisis struck.

The BOJ quickly showed what kind of action it’s willing to take by offering to buy ¥500 billion ($4.6 billion) in government bonds with a repurchase agreement to provide liquidity to market participants.

Bank of Japan vows to do all it can to calm markets amid coronavirus https://www.japantimes.co.jp/news/202…

Bank Of Japan Buys Record 101 Billion Yen In ETFs To Stabilize Markets https://www.zerohedge.com/health/bank…

Equity & Oil Futures Soar After BoJ Promises To “Ensure Market Stability” https://www.zerohedge.com/markets/equ…

Global central banks hint at action after coronavirus sparks market rout https://www.cnbc.com/2020/03/02/ecb-s…

Asian markets come charging back as Bank of Japan pledges support https://www.marketwatch.com/story/asi…

Governments Will Use The Coronavirus Card To Downgrade Estimates And Increase Interventionism https://www.zerohedge.com/geopolitica…

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