Good morning! Here are the major stories making headlines and moving markets globally early Friday. Japan Shocked Markets With More QE. In the face of disappointing inflation, Bank of Japan governor Haruhiko Kuroda has hiked Japan’s bond purchases, and the Nikkei soared to a six year high. The Eurozone’s Inflation Ticked Up A Little. Eurozone inflation rose to 0.4%, taking pressure to ease off the European Central Bank a little, but not much: the core measure of inflation is at its joint-lowest in history. Russia Hiked Interest Rates Massively. The Russian central bank raised rates by 150 basis …read more
Source: Business Insider