I get the question a lot, “What time is the Bank of Japan announcement due?”
The answer is always the same, the BoJ doesn’t have a scheduled time for their Statement, never do.
Experience indicates to expect it sometime in the 0230 – 0330 GMT (2130-2230 US Eastern time) time window.
Bank of Japan Governor Ueda will follow up with a press conference. This is scheduled. At 0630 GMT (0130 US Eastern time).
The BoJ is widely expected to leave rates on hold today.
Earlier previews:
- BOJ reportedly sees little cost to waiting for next rate hike
- BOJ reportedly erring towards keeping interest rates unchanged
- BOJ reportedly considers skipping rate hike
- BOJ to raise interest rate to at least 0.50% by end-March, 51 of 52 economists say
- Goldman Sachs expect the Bank of Japan to remain on hold at 0.25% at the December meeting
- This snapshot from the ForexLive economic data calendar, access it here.
- The times in the left-most column are GMT.
- The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
- I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing.
This article was written by Eamonn Sheridan at www.forexlive.com.
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