Breakfast briefing: Monday, October 30


The BoJ maintained its pledge of increasing base money, or cash and deposits at the central bank, at an annual pace of 60-70 trillion yen (US$547-US$638bil) via purchases of government bonds and risky assets, but is non-committal about expanding the stimulus - AFP Photo.

MarketWatch: Investors are increasingly pricing in the effect of a corporate tax cut into the shares of US companies, leaving the market primed for a steep sell-off if the Republican-controlled Congress fails to pass one of President Donald Trump’s top priorities. - Reuters

 

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