eplace Dominique Strauss-Kahn at IMF (Bloomberg) Tepco president forced to resign as the Fukushima nuclear crisis triggered a loss of $15 billion Bank of Japan unanimously keeps overnight call target rate unchanged at 0.0%-0.1% (as expected) Leading European Sectors: Oil & Gas +1.37%, Media +0.98%, Insuran

volatility remains non-existent and recent weakness in the USD despite continued QE from the European Central Bank (ECB), Bank of England (BoE) and Bank of Japan (BoJ). Investor complacency could also be seen through the market reaction to the release of the Minutes from the July Federal Open Market Committe

trengthened against the USD, notably the JPY, KRW, MYR and TWD. • The JPY has steadily strengthened to around 100JPY:1USD in recent weeks following Bank of Japan reluctance so far to embark on more quantitative easing measures. • However, a stronger JPY, along with lacklustre growth and persistently negativ

, concentrated in Europe and Japan. The company's second-biggest shareholder, Tim Collins, made his name a =ecade ago scooping up Long-Term Credit Bank of Japan alongside US =inancier Christopher Flowers. RHJ is a 2005 spin-off from the Ripplewood Holdings private equity fund =e founded in 1995, which itself

s in easing for long term real rates Source: Deutsche Bank Research, Haver Analytics LP, Bloomberg EFTA01476084 Finance LP, ECB, Federal Reserve, Bank of Japan, Eurostat, BEA, CAO Similarly, the output gap has mirrored the dynamics of credit, as the unemployment rate peaked mid-2013 in the euro area vs. l