Your email has been successfully added to our mailing list.

×
0 0 0 0 -0.00157589803012748 0 -0.000579374275782155 -0.000579374275782155
Stock impact report

Japan's Debt Dilemma May Doom Any FX Intervention, Brooks Says [BNN Bloomberg (Canada)]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: BNN Bloomberg
That debt has swelled to the equivalent of more than 250% of the nation's economy, more than any of its peers, according to data from the International Monetary Fund. And, he says, that's given the Bank of Japan a strong incentive to keep interest rates low to hold down the government's costs. The upshot: Barring a change in policy, that's going to counteract any efforts to drive up the value of the yen, which is being dragged down by Japan's adherence to the sort of rock-bottom interest rates that the US abandoned two years ago. “This is really about debt — too much debt and that is forcing Japan into a very tough situation, keeping interest rates low and therefore transferring that fiscal distress onto the yen,” said Brooks, who is now a fellow at the Brookings Institution in Washington. “You can use your central bank to keep interest rates low even if you have a lot of debt. So Japan has been doing that and Europe has been doing it, but there are consequences.” The consequen Show less Read more
Impact Snapshot
Event Time:
GS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GS alerts
Opt-in for
GS alerts

from News Quantified
Opt-in for
GS alerts

from News Quantified