Back
22 Apr 2013
Forex Flash: G20 fails to make splash – Deutsche Bank
FXstreet.com (Barcelona) - The G20/IMF/World Bank meeting wrapped up over the weekend, with the G20 simply reiterating its pledge to avoid competitive devaluation and saying that the BoJ's monetary policy is "intended to stop inflation and support domestic demand".
Shortly after the meeting the BoJ's Kuroda told reporters that "Winning international understanding gives me more confidence to conduct monetary policy appropriately. We will continue our qualitative and quantitative easing for the next two years".
Elsewhere in Asia, the death toll from H7N9 avian influenza has also climbed to 20 (out of 102 confirmed infections) in China. According to Macro Strategy Analysts J. Reid and C. Tan at Deutsche Bank, “WHO experts suspected human transmission 'in very rare cases' but this is clearly still an open issue for markets to keep a close eye on.”
Shortly after the meeting the BoJ's Kuroda told reporters that "Winning international understanding gives me more confidence to conduct monetary policy appropriately. We will continue our qualitative and quantitative easing for the next two years".
Elsewhere in Asia, the death toll from H7N9 avian influenza has also climbed to 20 (out of 102 confirmed infections) in China. According to Macro Strategy Analysts J. Reid and C. Tan at Deutsche Bank, “WHO experts suspected human transmission 'in very rare cases' but this is clearly still an open issue for markets to keep a close eye on.”