what is next Kuroda San?

[phantom_opera]

market is waiting for u lol

[princess_morbucks]

Can you please explain how will it affect Singapore?
Japan has its own QE right?
So they weaken the Yen and have QE to stimulate their economy, how will that impact us?

[taggy]

Can you please explain how will it affect Singapore?
Japan has its own QE right?
So they weaken the Yen and have QE to stimulate their economy, how will that impact us?
waiting for "yen carry trade" ? borrow yen to buy sg prop :D

[Arcachon]

You print I print everyone print. Still remember our PM was in Europe and the next day another CM was announce. ECB have decide to print money, they call it bond buying.

When you have money increase in circulation, inflation increase, value of money decrease.

Do you think Singapore also print money.


http://en.wikipedia.org/wiki/Quantitative_easing

https://en.wikipedia.org/wiki/Inflation

[phantom_opera]

M3 Singapore

S$ MILLION
END OF PERIOD M3
2012
Apr 458,490.5
..
2013
..
Apr P 503,338.4

yoy growth of M3 is +9.7%

[phantom_opera]

BEIJING--The high ratio of money supply to gross domestic product in China means risks are excessively concentrated in the banking sector, according to a top official.

This demonstrates the need for financial reform, People's Bank of China Gov. Zhou Xiaochuan was quoted as saying in the China Business News on Friday.

The comparatively high level of M2 is the result of China's high savings rate, Mr. Zhou said in an interview with the newspaper. Other East Asian countries with high savings rates also have high ratios of M2 to GDP, he said in the report. M2 is China's broadest measure of money supply and includes various kinds of bank deposits.

But at the same time the M2 level shows that China remains reliant on "indirect finance"--bank lending as opposed to forms of "direct finance" such as equity and bond issuance, Mr. Zhou said in the report.

China's ratio of M2 to GDP rose to 188% of GDP last year--up from 154% in 2002, according to the report.

Improvements to China's securities and insurance markets should help lower the ratio over the medium to long term, Mr. Zhou said in the report. At the opening of the National People's Congress in Beijing Chinese Premier Wen Jiabao set a target of 13% M2 growth this year--down from last year's 14% target.

China's M2 growth is typically slightly higher than nominal GDP growth to accommodate the "monetization" of certain parts of the economy as economic reform progresses, Mr. Zhou was quoted in the report. Under the old planned-economy system many goods such as land and property were distributed by the state without money changing hands, he said.

China's target this year is for a 3.5% rise in consumer-price inflation and a 7.5% rise in real, inflation-adjusted GDP meaning a nominal GDP increase of around 11%.

China's stimulus policies following the world-wide financial crisis in 2008 were appropriate under the circumstances, Mr. Zhou said. In retrospect stimulus could have been exited earlier, he said in the report. But in 2010 there were various world-wide risks that made the economic outlook highly uncertain--including euro-zone debt and fiscal worries in the U.S., Mr. Zhou was quoted as saying.

[phantom_opera]

Nikkei crashing after Abe's NATO (no action talk only)

what is next? 4x money supply in 2y ;)

it is so ridiculuous ... the initial ramp was market expecting further easing ... but disappointed

http://www.nikkei.co.jp/gifdata/nk_chart_S.gif

Japan is the clear and present danger now :2cents:

[princess_morbucks]

Nikkei crashing after Abe's NATO (no action talk only)

what is next? 4x money supply in 2y ;)

it is so ridiculuous ... the initial ramp was market expecting further easing ... but disappointed

http://www.nikkei.co.jp/gifdata/nk_chart_S.gif

Japan is the clear and present danger now :2cents:

They want fast action and not slow motion.

http://www.bloomberg.com/news/2013-06-05/japan-s-topix-slides-as-brokerages-fall-developers-rise.html

“We’re going to have to reduce our expectations for Abenomics,” said Ayako Sera, a strategist at Sumitomo Mitsui Trust Bank Ltd., which has the equivalent of $325 billion in assets. “The initiatives are too small. The direction is right but the comments are all long-term. It looks like things are going to move too slowly.”

Abe’s speech today outlined his growth strategy, the “third arrow” of an economic revival plan that seeks to build on his first two arrows, fiscal and monetary stimulus.
Abe said he will use all means to promote private-sector investment and thoroughly remove all barriers to corporate activity. He also vowed to open up the energy, health and infrastructure sectors, as well as doubling foreign investment to Japan to 35 trillion yen in 2010.