The BoJ's kept rates negative and didn't make any changes to asset puchase intentions.
It interprets economic data as being sufficiently weak to maintain its current extreme easing citing persistent weakness in wage data and foreign economic softness as risks to Japan's economy. It also finds justification in its members' lowered CPI expectations for FY24.
Regardless of whether or not the position is correct, unfettered monetary easing will continue to support the Japanese economy & equity marke...

Some good macro news for UK stocks today:
1. BoE Decision Maket Panel - UK firm's output price expectations continue to fall sharply. Expected price growth fell to 4.2% YoY (down from a high of almost 7% YoY in mid-2022). Realized price growth is down every sharper to 4.9% YoY when it was 7.5% YoY still in August.
2. M4 Money Supply - The Bank of England reported that the M4 supply was down -2.3% YoY in Nov which is up from -3.8% YoY in Oct. If that is true, it appears that the worst of the cont...