(Reuters) - The BOJ is expected to hold rates steady at a two-day policy
meeting on Wednesday and Thursday this week, but many in the
market expect a rate hike in August, with a global monetary
tightening trend lending support.
"The market sees the machinery orders as supporting the case
for an August rate hike, as the figures show the economy is
moving in line with the BOJ's outlook," said Naomi Hasegawa, a
senior fixed income strategist at Mitsubishi UFJ Securities.
Read more at Reuters.com Bonds News
meeting on Wednesday and Thursday this week, but many in the
market expect a rate hike in August, with a global monetary
tightening trend lending support.
"The market sees the machinery orders as supporting the case
for an August rate hike, as the figures show the economy is
moving in line with the BOJ's outlook," said Naomi Hasegawa, a
senior fixed income strategist at Mitsubishi UFJ Securities.
Read more at Reuters.com Bonds News
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