If you are wanting to stay up late for the announcement from the Bank of Japan today, or maybe set your alarm to wake you up for it, I’ve got some bad news. There is no scheduled time for a BOJ announcement after their policy board meeting… it comes at the conclusion of the meeting, whenever that will be ( … Pass the sake).
There is, however, a window during which we can expect it, 0330 to 0530GMT. The more there is for discussion and debate at a meeting, the later the announcement is to be expected. There is no policy change expected to be announced today, so it should be an earlier announcement rather than later (i.e early in that window I specified)
BUT – I have some good news too. Governor of the BOJ, Kuroda, will be holding a press conference after the meeting and the announcement, and there is a scheduled time for this, 0630GMT.
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Link to the previous meeting announcement (note time … early in the expected window, expect around the same today). At this prior meeting the significant development was seen the be extension of the loan scheme aimed at encouraging banks to lend to growth sectors beyond March 2014 deadline – extended by one year.
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