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Negative rates seen reducing Japan big banks’ profits by $2.96 billion: Nikkei

August 13, 2016 by · Leave a Comment 

Japan's financial watchdog estimates that negative interest rates under the Bank of Japan's monetary easing policy will reduce profits for the country's three big banks by at least 300 billion yen ($2.96 billion) for the year…

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Negative rates seen reducing Japan big banks’ profits by $2.96 billion: Nikkei

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Global monetary taps still open wide, Fed minutes in focus

August 13, 2016 by · Leave a Comment 

The glue binding a still-aggressive global monetary policy response to a struggling world economy and almost daily record highs for world stock markets along with record low bond yields is set to remain intact in the coming week. The one thing that could unstick it, apart from divine intervention, would be a change in tune from …

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Global monetary taps still open wide, Fed minutes in focus