Matthew Yeates, Quantitative Investment Manager at 7IM discusses BOJ and Fed monetary policy and the possible impact on the financial markets. He is joined by Tip TV’s Zak Mir and Alessio Rastani from Leadingtrader.com.
Yeates says BOJ’s yield curve control is nothing but an attempt to engineer a steeper yield curve, which would help restore bank profitability. While talking about the Fed rate hike saga, Yeates says the stock markets could be rattled by an unruly rate hike.