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The Bank of Japan decided to expand monetary easing with purchases of commercial paper and corporate bonds up to JPY20 trillion and widened eligible collateral. The bank also cut its economic growth outlook and extended the additional purchases through September 2020.
Large-scale BOJ liquidity support mainly affects currency and bond markets, with minimal direct effect on feed commodity prices.
theinsiderstories.comDesk Editor InsiderApr 27, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
