The press conference tomorrow afternoon is what most traders will be focussed on.
4 Responses to “BoJ: Two-day policy meeting starts today”
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AUTOREFRESH 
Sean what affect will this have on the markets ? JAPAN’S colossal 117 trillion yen ($1.5 trillion) Government Pension Investment Fund is poised for an unprecedented asset sell-off.
http://www.theaustralian.com.au/business/markets/fund-sell-off-to-help-japans-elderly/story-e6frg926-1225914584690
No BOJ meeting leaks today……………. are they going to do any surprise tomorrow?……….Negative Interest Rates in Japan?…………http://www.cnbc.com/id/15840232/?video=1584420855&play=1
Sean/Chris
Asset sell-off – Is this going to affect the YEN?
Thanks
It might add to JPY buying pressure. I can’t imagine that it would weaken the yen since presumably the money needs to be dished out to baby boomers in JPY rather than USD or whatever.
On the other hand if the baby boomers decide to go out and blow their pensions on overseas holidays given yen strength it might just balance out. This seems a little far fetched though.