BOJ to Leave Monetary Base Unchanged, Says Stretch
Asian stocks were little changed as Japanese shares swung between gains and losses ahead of this week’s key policy decisions from the Federal Reserve and the Bank of Japan. Monetary policy uncertainty has helped reignite volatility in global markets over the past two weeks, with traders split over what action the BOJ will undertake in its review Wednesday. Bets on an interest-rate increase from the Fed this week remain around 20 percent even as U.S. inflation data for August rose more than projected. Canadian Imperial Bank of Commerce Head of FX Strategy Jeremy Stretch discusses with Bloomberg's Anna Edwards on "Countdown."