Asia Daily Flash | 19 September 2012: Bank of Japan follows the Fed with quantitative easing; China’s FDI inflows fall for a third straight month
Published on Tuesday, September 18, 2012
Asia Daily Flash | 19 September 2012: Bank of Japan follows the Fed with quantitative easing; China’s FDI inflows fall for a third straight month
The liquidity-driven boost in Asian equities resumed today, on the Bank of Japan’s announcement (see below) of a bigger-than-expected expansion in its asset purchase program (quantitative easing)
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