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With Nikkei's almost 5% drop yesterday closing at 14008, losing 15% YTD or getting to a price that was achieved only after a month of Abenomics in play, the talk started to spread of how much room there is left on the downside for BOJ to pump the easing policy again. Some say we are already there, as Bloomberg notes:
"Japan’s central bank will probably boost purchases of ETFs as early as this month if Nikkei 225 drops to about 14,000, Hidenao Miyajima, chief strategist at Parnassus Investment St…
"Japan’s central bank will probably boost purchases of ETFs as early as this month if Nikkei 225 drops to about 14,000, Hidenao Miyajima, chief strategist at Parnassus Investment St…