Bank Of Japan: economy has 'begun to stop worsening'

TOKYO (MarketWatch) -- The Bank of Japan raised its assessment of economic conditions Tuesday for a second time this year, acknowledging that economic conditions have "begun to stop worsening." The central bank's monetary policy board also kept its interest-rate target at the current 0.1% level, as had been widely expected. "Domestic private demand has continued to weaken," the central bank said at the conclusion of its two-day policy meeting. But "exports and production have begun to turn upward, and public investment has also increased." Japan's Nikkei 225 was down 2.6% immediately following the BOJ announcement, amid a regionwide sell-off

http://www.marketwatch.com/story/boj-economy-has-begun-to-stop-worsening-20096152349520

I think, that´s a buy signal for Japanese equities...

 

There are still folks buying and holding Japanese equities??? LOL

 

Sell signal in my opinion.

 

Ah the "less bad"
Japanese are behind the curve, we have been eating that line for 3 months now.

 

Japanese are going to load up US treasury; and trashing yen at same time. Oil is going through the roof.