The Bank of Japan is studying several options to steepen the bond yield curve that might be debated at this month's rate review as part of measures to fine-tune its massive stimulus programme, say sources familiar with its thinking.
U.S. stocks on Friday headed firmly lower at the start of trade as comments from Federal Reserve Bank of Boston President Eric Rosengren about raising benchmark interest rates has rattled investors. Rosengren’s comments come less than two weeks ahead of the Federal Open Market Committee’s policy-setting meeting on Sept. 20-21.
Germany’s exports plummeted in July, the latest in a string of weak economic data from Europe’s industrial powerhouse that will further fan discussions about tax cuts in Berlin.
- USDJPY: 102.84
- EURUSD: 1.1212
- S&P 500: 2,159.05
- NASDAQ : 5,212.12