The Bank of Japan kept interest rates unchanged
Asian indices closed in the red zone
Today the Bank of Japan made no changes to the existing monetary policy and expressed hope that the program of fiscal stimulus adopted by the government will allow the economy to grow a bit faster than expected before. The regulator has left short-term rate on deposits at the level of -0.1%, and the target rate of return on 10-year government bonds - about zero.
On Tuesday, Asian markets traded in the red zone against the backdrop of concerns about the new strain of coronavirus in China. Risky assets came under pressure as many investors are reminded of the damage caused to the SARS virus in 2003. Experts fear the outbreak as millions of people will come to China to celebrate the New Year.
News, which you should pay attention today:
09:30 GMT. UK: Report on the labor market
10:00 GMT. Germany: index ZEW institute
Analytics and forecast FORTFS