Our two bits for today

BOJ

Good morning. The European stocks had a perky start this morning, with FTSE  +0.4%,  DAX  +1.8%, CAC40 +1.9% and Italian MIB  +1.9%. From Japan we learn about the BOJ decision for additional easing, with JPY 8-10 trillion of JBGs per month, which will support Japan`s economy together with yen weakening. Back to Europe, after yesterday’s bad news on German CPI , which came lower than expected, we find French September producer prices m/m 0,5% better versus the expected -0,1%.

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