Last week, the Bank of Japan sent shockwaves around the fiat financial markets when it voted to stop providing more economic stimulus to the ailing Western economy.
The Bank of Japan has surprised investors by deciding against any fresh market stimulus despite shocking data that underlined the huge problems facing the country’s economy.
Shinzō Abe was heralded for his plan to pull Japan out of deflationary spiral but programme is on brink after dismal week
Although it kept its negative interest rate policy in place and voted to continue with its massive asset purchase scheme, the bank’s policymakers refrained from any extra measures to kickstart the stagnating economy.
Of course, it’s not really Japan’s fully industrialized economy that is stagnating but the Khazarians’. Japan has been feeding the West Oligarchy with trillions annually, and every time it remiss in its duty to pay protection money something terrible will always happen [here].
The Guardian continues,
The dollar plunged 2.35% against the yen following the news as investors clawed back trades based on the expectation of more easing that would have weakened the Japanese currency.
On the share market, the Nikkei fell sharply in reaction to the news and was down more than 3.5% at 7am GMT. Futures trading indicated that the major European bourses would open lower on Thursday morning.
Stock markets cross Asia had risen earlier on Thursday in expectation of more stimulus from the central bank, especially after figures showed that Japan’s consumer prices dropped last month by the most in three years.
In addition to the worse-than-expected fall – 0.3% in March – separate data showed household spending remains weak, although factory output rebounded.
The central bank maintained its pledge to increase base money, or cash and deposits in circulation, at an annual pace of 80 trillion yen ($730bn). It also left unchanged a 0.1% negative interest rate it applies to some of the excess reserves financial institutions park at the BOJ.
However, the BoJ did adopt a 300bn yen ($2.75bn) loan-supplying programme aimed at assisting banks operating in areas hit by this month’s earthquake in southern Japan.
“The market had clearly worked itself into a frenzy of expectations demanding that the BoJ take action and in retrospect that looks like a misguided view that failed to recognise the dilemma that recent economic dynamics have presented for the BoJ,” said Stefan Worrall, director of Japan equity sales at Credit Suisse in Tokyo.
“The market’s response is clearly one of disappointment but in the wake of the Fed decision the BoJ has perhaps taken the only sensible course of action by rightfully recognising that it’s the Fed and interpretations of Fed policy outlook that is responsible for the fate of the yen, which may yet weaken without further action from the BoJ if the US remains on the path to improvement.”
Financial stocks were among the biggest laggards. In an update on the Williams & Glyn separation, Royal Bank of Scotland said it is unlikely to be achieved by the end of 2017. Joseph Dickerson, of Jefferies, said the delay could “call into question” management’s execution of its restructuring process. Shares in the FTSE 100 sank in its wake, down 2.9pc to 244.8p.
Lloyds also lost ground, down 1.7pc to 68.1p, despite recording first quarter profits that were in-line with expectations. The British lender posted pre-tax profits for the first three months of the year were £2.1bn, down from £2.1bn in the previous year.
So what would Satan do?
Japan must be reminded once again to whom it answers to…
Mushroom cloud appeared in Kagoshima, Southern Japan at 1615 Japan Standard Time. credit: http://benjaminfulford.typepad.com/benjaminfulford/2016/05/news-alert.html
This rare event is reminiscent of the “coincidental” eruption of our Mt. Pinatubo when it’s been made clear that we are going to kick out the American military bases in 1991.
https://www.rt.com/viral/341557-volcano-japan-ash-video/
Kagoshima, a seaside city on Japan’s Kyushu Island, is the capital of Kagoshima Prefecture. It’s best known for Sakurajima, an active volcano that faces Kinko Bay. At its base, the Nagisa Lava Trail leads to lava boulders and pine trees. Once set on an isolated island, the volcano became connected to the Osumi Peninsula after an eruption in 1914.
https://en.wikipedia.org/wiki/Kagoshima
Reblogged this on Puppet Master's Slave Market.
Depose the global tyranny. I f we continue to turn a blind eye to the imperial war crimes committed in our name , we will be held responsible. The German people knew what their Nazi leaders were doing and fell silent in fear, denial, normalcy bias ,and complacency thus complicit in the crimes .
Reblogged this on robert11011's Blog.
ayan naaaaa!
if the German people were complicit in the crimes of the NAZI ORDER then so are the British people in the crimes of their Government, as are the American people in the crimes of theirs, lets take one of the worst crimes by the British was the nuclear test in MARALINGA Australia, this was the homeland of the Maori people, and they was not told about it so many hundreds of them died of radiation, even the British empire is a criminal order as is the Subducation of the many native countries around the world by the US government, and one of their biggest crime’s was the mass murder of 8 million people on of Hiroshima and Nagasaki 24 hours after the surrender and cease fire of the Japanese people, and there are many crimes are still being done around the world by both countries, politics in the USA and the UK is a dirty business and very word Politician is a dirty word,
Māori are indigenous to New Zealand , the people affected by the Atomic tests at Maralinga are the Aṉangu who are a southern branch of the Pitjantjatjara people from Central Australia .
in addition to what I have already said, in this latest problem with a mushroom cloud I sense American more damage being done to the Japanese people, because the Nuclear Reactor damage is their doing.
My apologies. Please discard my comment above — Corrected, it should read:
Historical facts are there, but simply so much water under the bridge. The question is whether there will still be a Japan before it can rid itself of the global vampires — the synagogue of Satan itself, dishing out the worst evils so-called modern Man is capable of and on all fronts — their artificially created devastation on any nation in line with their inhumanly hideous agenda, exposed and therefore no longer covert — no attempt anymore to hide their unspeakably cruel and filthy dirty ops on humankind.
Are we not increasingly witnessing ever more vicious attacks on so many countries (specifically those directly aligned with the BRICS and AIIB)? Are we now not confronted with the final truth, that the evil in our midst, passing themselves off as human, are not of our species at all?
That if humankind does not succeed in annihilating these monsters forthwith — humankind itself will be annihilated.
Reblogged this on demetrius13 and commented:
…or: Khazarian mafia lets off some steam.
I am an American and I’m damn proud to be I love this once great nation, however I do not like or agree with the government I will not say my government because we did not put these people in power. So while I do agree with you that the U.S gov is about as bad as it gets, please do not blame all of the U.S citizens because there is people fighting the tyranny but we are quickly labeled as terrorist and vastly outnumbered.
Remember you see what happens when another country goes against them, well the same happens to us. Believe me I’ve tried I’m just lucky enough to talk about it, I’m sure they’ll get me one day.
I was at US Naval Station, Subic Bay when Pinatubo erupted. June ’91. The final pull out was Feb ’92, or so. Hmmm.