The YEN fell
The Bank of Japan decided to adopt a negative interest rate. The YEN fell, shares jumped after that.
BOJ's policy board decided to charge a 0.1 percent interest on current accounts that financial institutions hold with it.
Therefore Bank stocks fell.
Federal funds rate hike has been priced in the Markets. But next rate hike has not been priced in. So market psychology is instability.
BOJ can eliminate the anxiety of the markets? Or ECB can? Barclays says assets for negative interest rate is almost zero.
It depends on the U.S. market reaction.
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