Investors eye Fed meeting Japan earnings
TOKYO: A United States (US) central bank meeting and Japanese earnings will be among the trading cues for investors next week after Tokyo´s benchmark index broke through the key 20,000 points level in the past few days.Markets are keen to see what the Federal Reserve says about an interest
By our correspondents
April 26, 2015
TOKYO: A United States (US) central bank meeting and Japanese earnings will be among the trading cues for investors next week after Tokyo´s benchmark index broke through the key 20,000 points level in the past few days.
Markets are keen to see what the Federal Reserve says about an interest rate hike after a mixed bag of data threw into question the strength of the world´s top economy.
“It is going to be an eventful week and one of the key events is the FOMC (Federal Open Market Committee)” meeting, said Toshikazu Horiuchi, a broker at IwaiCosmo Securities.
“We don´t expect any (policy) change this time, but we want to see what is in the Fed´s post-meeting statement.
“The Bank of Japan will also hold a board meeting. I don´t think there will be any surprises either, but we cannot relax before seeing its decision.”
Markets are keen to see what the Federal Reserve says about an interest rate hike after a mixed bag of data threw into question the strength of the world´s top economy.
“It is going to be an eventful week and one of the key events is the FOMC (Federal Open Market Committee)” meeting, said Toshikazu Horiuchi, a broker at IwaiCosmo Securities.
“We don´t expect any (policy) change this time, but we want to see what is in the Fed´s post-meeting statement.
“The Bank of Japan will also hold a board meeting. I don´t think there will be any surprises either, but we cannot relax before seeing its decision.”
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