The European Central Bank could provide liquidity to failing banks while they are being wound down under certain conditions, ECB director Benoit Coeure said.
Bank of Japan board member Hitoshi Suzuki said the central bank must maintain its massive stimulus program to hit its elusive price target.
Washington about unfair trade has kept Asian policymakers reluctant to openly talk down their currencies despite the dollar’s slump to multi-year lows.
The correction will continue to take place until equity returns balance out with bond yields. That should imply a sustained downward trend in the stock markets.
Global economy is expected to grow at a robust pace this year and reach an altitude not seen since 2010, as momentum builds in developed economies and inflation revives.
Central bank head said he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash in the virtual coins.
The dollar was supported by expectations of a US tax overhaul while a sharp rise in German bond yields helped to underpin the euro.
Asian central banks will tilt to less dovish postures on monetary policy as US interest rates climb next year, putting pressure on domestic bond markets.
Federal Reserve policymaker Charles Evans said Central banks can’t explicitly fight fast rising financial market asset prices.
Gold prices were largely unchanged after the Bank of Japan kept its monetary policy steady, with investors shifting their attention to other central bank meetings.