Japan surprised markets earlier this month when new central bank boss Haruhiko Kuroda announced a massive monetary stimulus that will see the Bank of Japan buy long-term government bonds, and riskier assets like exchange traded funds, worth 50 trillion yen (£350bn) in fewer than two years.
The move is part of the new government's economic agenda, dubbed ‘Abenomics' after prime minister Shinzo Abe, which has seen it adopt both expansionary fiscal and monetary policies. The economic...
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