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Massive BOJ bond holdings seen moving slower in 2018

Bloomberg The pace at which the Bank of Japan is expanding its massive hoard of bonds will continue to slow in 2018, according to the majority of economists surveyed by Bloomberg. The central bank will increase its Japanese government bond holdings by about 44 trillion yen ($392 billion) next year, according to the average estimate in the survey. That’s well ...

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Wall Street bonus pools look shallow in ‘unexciting year’

Bloomberg Three Fed rate hikes, two major European elections and the biggest drop in China’s currency since 2008 would normally make for a busy year for macro traders, leaving them optimistic come bonus time. Not this year. Investors haven’t found much to compel them to step up bets on the directions of interest rates and currencies in 2017, driving sharp ...

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Coal’s fading crown set to get Asian polish, says IEA

Bloomberg Coal may have fallen out of favour in China, North America and Europe but India and other Asian nations will ensure the dirtiest fossil fuel continues to supply more than a quarter of the world’s energy. Rapid economic development in parts of Asia will rely on coal-fired plants, the International Energy Agency said in its Coal 2017 market report. ...

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