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BoJ price fixing to affect markets more than Trump-Clinton sideshow
•The Clinton-Trump debate dominated, markets declaring Clinton the winner •We have to assume a Clinton win would be positive for the dollar and the market •But far bigger forces are at play, with the Bank of Japan at the forefront •The BoJ’s new approach to monetary policy will now move to centre-stage The Donald Trump-Hillary Clinton debate dominated the airwaves in the Asian trading session today with the markets declaring Clinton the winner – in a split decision. However, this distraction will have a short lifespan because far bigger forces are at play in financial markets, with the Bank of Japan at ... (full story)
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