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BOJ's Kuroda: ETF purchases are not aimed at stabilizing the stock market

Bank of Japan's (BOJ) massive exchange-traded fund (ETF) purchases are not aimed at stabilizing the stock market, Governor Kuroda said on Tuesday while speaking in Parliament. 

With the ETF holdings reportedly totaling 29 trillion yen, the central bank has morphed into a hedge fund. Many are of the opinion that the BOJ should halt the ETF purchases, else the stock market’s ability to allocate capital efficiently will be ruined. 

Gold: Break of 100-day SMA highlights $1281 for sellers

Gold is on the rounds near $1286 and has been declining lately as recent improvements in market risk sentiment.
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Brent Technical Analysis: Bearish RSI divergence seen in 4H chart

Brent oil is currently trading at $70.94, representing a 0.42 percent drop on the day and risks falling further, courtesy of the bearish divergence of
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