BOJ Adds Stimulus. European Bourses Drop on Rating Downgrades

Financial markets fluctuated as investors were torn between Moody's downgrades and Greek's tapping of new tranche of funding. While shares in Asian climbed higher, European bourses slipped. The market worried that credit rating of France, the Eurozone's second largest economy will eventually be cut. In the commodity sector, WTI crude oil continued to rise while Brent crude slipped. In Japan, the Bank of Japan surprisingly expanded its asset-purchase program in an attempt to bolster the subdued economy. It's expected to have little impact on the current market.

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BOJ Adds Stimulus. European Bourses Drop on Rating Downgrades