La Bank of Japan leaves monetary policy unchanged, fueling sales in Asian markets. With 8 votes against 1, the central bank confirmed not only the rates, but also the plan to increase the monetary base by 80 trillion yen a year.
The BoJ also noted that while the Japanese economy continues to recover, exports and production are growing slowly, mainly due to the slowdown in emerging economies.
Malgrado inflation expectations appear to be on the rise in the long term, "in the recent period - warns the Central Bank - they have weakened". To date, the annual rate of price growth is around zero.
The Bank of Japan's moves have caused a appreciation of the yen, especially penalizing export-related stocks. The index Nikkei of the Stock Exchange Tokyo, after falling more than 1% following the BoJ's announcement, finished trading 0,7% lower. The largest index Topix it lost 0,6%.
Well instead Alone, which rises by 0,33%, while Taiwan falls by 1,56%. Two-speed Chinese stock exchanges, with Shanghai which advances timidly by 0,17% e Shenzhen which yields 0,93%.
The other Asian markets were also negative, which will close their respective sessions later: Hong Kong -1,05% Jakarta -0,51% Bangkok -0,67% Kuala Lumpur -0,43%, and Singapore -0,12%.
