Following failed intervention in the Yen market few months ago, Japanese authorities decided to take advantage of strong domestic currency. To this end, they established a fund, which would allow Japanese companies to borrow money for, oversees acquisitions, or buyouts. This program has $130 billion at its disposal, coming from the country’s foreign-exchange reserves and [...]

Coming week is full of big fundamental announcements, including from central banks. On Tuesday, the Bank of Japan will disclose its interest rate decision. The BoJ has no room to cut rates any more, but it could introduce some unconventional measures. After all, the Japanese central bank lags behind its counterpart in this area. For example, it [...]

Talks between Greece and bondholders were supposed to be concluded on Friday. However, latest reports indicate that we still have to wait through the weekend to find out details of the deal. As things stand now, investors would lose more than 50% originally proposed perhaps as much as 70%. The old bonds would be replaced [...]