Monday, January 15, 2007

Machine Orders Reinforce a Hike by the BOJ ...

(Cross-post from Alpha.Sources) or do they? If you ask the investors, of which most admittedly live in a quite different short term world than myself, a firm 76% according to Bloomberg believe that the BOJ will raise the rate this Thursday which will bring the rate up to 0.50% from the current 0.25% as it has been held ever since the BOJ ended ZIRP back in June 2006. (From Bloomberg linked above)

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