The Bank of Japan maintained its ultra-loose monetary policy as widely expected and kept its forward guidance unchanged on Thursday, after the Federal Reserve signaled rate cuts amid rising risks to economic growth.
The Policy Board of the BoJ voted 7-2 to maintain interest rate at -0.1 percent on current accounts that financial institutions maintain at the bank.
The bank said it will purchase government bonds so that the yield of 10-year JGBs will remain at around zero…See More
Interest rate announcement from the Bank of England is due on Thursday, headlining a busy day for the European economic news.
At 12.30 am ET, Dutch consumer confidence, spending and unemployment figures are due.
At 2.00 am ET, the Federal Customs Administration releases Swiss foreign trade data. Watch exports figures are also due.
At 3.00 am ET, the Turkish Statistical Institute is slated to issue consumer confidence survey data for June.
At 4.00 am ET,…See More
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