Flash: JPY weakens on BoJ slight easing - Danske Bank

FXStreet (Barcelona) - Flemming Jnielsen, Senior Analyst at Danske Bank notes that JPY has weakened and Nikkei surged on the back of BoJ’s slight easing move.

Key Quotes

“The move has also been slightly positive for global risk sentiment with most Asian stock markets higher this morning.”

“Stocks in mainland China are moderately lower after People’s Bank of China drained liquidity in connection with its open market operations underscoring that it is not ready to move towards easing bias despite slower growth.”