Canada BoC Interest Rate Decision remains at 1% in May 29

May 29, 2013

EU extends budget deficit reduction targets for six Member States

According to the economic guidelines for the 27 EU Member States, published by the European Commission on Wednesday, more emphasis should be put on measures aimed at spurring growth in the area, rather than on austerity.

Flash: BOJ to increase the frequency of JGB purchases- Nomura

Nomura strategist Yujiro Goto notes that the BOJ held a meeting with JGB investors today, and an official said traders want the Bank to conduct outright JGB buying operations (rinban operations) more frequently, according to Bloomberg.