The Week in Markets – Central bank policies

In this episode of the Week in Markets, we reviewed policy outcomes of two of the largest central banks, the Fed and Bank of Japan as they had policy meetings last week. We see that Bank of Japan’s further relaxation of the yield curve control is positive for Japanese banks, and the Fed’s tone has led to treasury bond and US equity rallies. Recent developments have given us the confidence that the year-end rally may indeed happen.This episode is prepared by Richard Tang, the Head of Research Hong Kong at Bank Julius Baer.