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Bloomberg Daybreak: Asia Edition

BOJ Decision Speculation, APAC Markets

Mar 18, 2024
The podcast discusses the upcoming BOJ announcement, speculation on ending negative interest rates, and market reactions. They also analyze wage growth data, central bank policy decisions, and market dynamics. Experts talk about US employment, equity market optimism, and navigating risks in equities and real estate markets. They delve into market sentiment shifts, Nvidia's growth potential, and potential currency events such as the yen surpassing 150.
23:01

Podcast summary created with Snipd AI

Quick takeaways

  • BOJ may shift from negative interest rates, uncertainty surrounds bond buying programs and ETF purchases.
  • Bank of Japan's response to wage growth signals inflation, focus on managing expectations and potential interest rate adjustments.

Deep dives

Bank of Japan Meeting and Market Expectations

The podcast discusses the upcoming Bank of Japan meeting and market expectations regarding the central bank's stance on negative interest rates. With 90% of BOJ watchers foreseeing a shift away from the negative interest rate campaign, there is uncertainty surrounding decisions on bond buying programs and ETF purchases. Despite discussions on potential disappointment, the equity market appears relatively optimistic, and the potential outcomes may impact yen's volatility.

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