Asia Daily Flash | 22 January 2013: BoJ announces 'unlimited' easing in 2014; China reportedly sets new bank loans target for 2013; Indonesia FDI reaches record
Published on Monday, January 21, 2013
Asia Daily Flash | 22 January 2013: BoJ announces 'unlimited' easing in 2014; China reportedly sets new bank loans target for 2013; Indonesia FDI reaches record
Summary
BoJ announced inflation target and further expansion in asset purchase Program. Markets were disappointed by the lack of additional easing in 2013; yen appreciated and Nikkei fell.
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BBVA Research
BBVA Research