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Published on 12 Apr 2017
12
April 2017: DailyFX analyst David Song talks us through what to expect
from the major indices over the next couple of months and the risks they
face. One laggard, he picks out is the Nikkei 225 which has hit fresh
2017 lows, This week BoJ Governor Kuroda reiterated the central bank's
resolve to maintain its massive monetary stimulus until inflation is
stably above its 2 percent target.
And said he was ‘sure we can take the most appropriate policy steps while maintaining market stability, which would include reducing the size of our balance sheet,’
In regards to other indices, David says European equities look ‘pretty nice right now’ but says the bigger theme to watch will be when the Fed looks to unload its balance sheet.
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