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Investors disappointed at BOJ's stance, global stocks and bonds fall

June 11
6:34 AM 2013
by IVCPOST Staff Reporter

 

Japan Merger
(Photo : Reuters)
The image is a Japanese flag flying high.

Bank of Japan's refusal to change its policies and decision to remain stagnant on expanding the monetary stimulus disappointed investors across the globe, reflected by the international fall of shares, bonds,  and commodities. There is also a common concern from investors that the Federal Reserve will cut down on its debt purchases.

 

Here are some of the figues across all indices:  Stoxx Europe 600 Index fell 0.6 percent, Standard & Poor's 500 Index futures fell 0.2 percent, MSCI All-Country World Index fell 0.2 percent, S&P GSCI Index of Commodities fell 0.4 percent.

U.S Treasuries slipped again today after two consecutive days of falling. Bonds from several European nations (Spain, Germany, Italy) all increased.

"The market is starting to think about the exit stage, not just for the Fed," said Kei Katayama, a local Japanese investor. ""There are some signs of the economy picking up. Only Japan is increasing its monetary easing," added Katayama.

 

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