Bank of Japan added optimism to markets, corporate and macroeconomic news
Stock reviews
• Bank of Japan accepting role as market savior from Fed? After falling 3% to start the day, the Nikkei index rose 2.8% and was almost back to its original level before falling 13% on Monday. Bank of Japan Deputy Governor Shinichi Uchida saved the day, and perhaps the fate of speculative yen trading, by saying the central bank would not raise interest rates when markets are so volatile. The dollar rose 2% against the yen, Japanese bond yields fell and markets cut the odds of the Bank of Japan raising interest rates in October to one in four. That marked a marked change from...