Marketmind: Japan waves ripple far and wide

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By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Never underestimate the Bank ...

Never underestimate the Bank of Japan's ability to move markets.

Analysts at Barclays reckon BOJ officials could flesh out more of their thinking at next week's policy meeting, while Deutsche Bank economists radically changed their BOJ forecasts. Investors bearish on Asian currencies, partly on the view that continued weakness in the Chinese yuan will spur a domino effect of competitive FX depreciation across the continent, may have to think twice.

 

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