The Brexit Impact on Japanese Stocks
Japanese stocks capped their biggest weekly gain since April as central banks in Europe signaled looser monetary policy, limiting the fallout from the U.K.’s vote to leave the European Union. The European Central Bank is considering easing rules for bond purchases in its stimulus program to ensure enough debt is available to buy in the aftermath of the Brexit vote. Bank of England Governor Mark Carney also said the authority could cut interest rates within months to shield an economy rattled by the shock of the U.K. decision. Bank of Tokyo-Mitsubishi European Head of Global Markets Research Derek Halpenny discusses Brexit a week on with Bloomberg's Francine Lacqua on "The Pulse."
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