BOJ steps in with ¥70.1 billion worth of ETF purchases today

BOJ walks the talk with ETF purchases for the first time this month

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This comes amid a 2% drop in the Topix, with the index inching closer towards its March lows and testing its 100-day moving average for the first time since late October last year.

It still isn’t quite the consistent and sizable purchases seen last year amid the virus crisis but the BOJ is at least letting the market know it is still in business to shop.

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