It’s time to start the clock on the Bank of Japan decision.
There is no set time for the BOJ but we are expecting today’s decision in the 0230-0330 GMT range, so the watch will start in about 35 minutes.
The previous BOJ decision was announced at 0334 GMT, which is at the late end of the range. The decision was a historic one as it was the first hike in 17 years. There is a precedent for policy changes coming in later than unchanged moves so that may be a hint as we watch the minutes tick by.
This article was written by Adam Button at www.forexlive.com.
Related Articles
China’s electricity consumption rose 8.9% year on year in August
China's power consumption is regularly used as a gauge of economic activity.It...
RBA meting next week – preview – to leave the cash rate on hold at 4.35%
Reuters poll of economists on what they expect from the Reserve Bank...
Bank of Japan leaves rates unchanged, as widely expected
Bank of Japan current short-term rate is 0.25% Japan's economy recovering moderately,...
European Central Bank President Lagarde speaking Friday
1500 GMT / 1100 US Eastern time2024 Michel Camdessus Central Banking Lecture...
Leave a comment