1. ABENOMICS

    Bank of Japan Shocks Markets

    At least one central bank is capable of pleasant surprises. On Thursday the Bank of Japan astonished markets by announcing a dramatic change in policy involving quantitative easing to meet a 2 percent inflation target. The bank will double its holdings of government bonds through open-ended asset purchases and buy over $75 billion of long-term government bonds per month.

    Read it at Reuters