Previews, heads up for BOJ announcement due soon. And something to watch on yen.

Author: Eamonn Sheridan | Category: Central Banks

The Bank of Japan announcement is due soon: 

Previews;
Just a note on the timing of the announcement ....
  • A delay in the announcement could prompt a yen appreciation as speculation will rise on some sort of change in policy (this is not expected ... but if there is a change it'd be a reduction in stimulus)
  • The Bank also release their updated quarterly outlook report today, so that may delay the announcement just a little

And also - yen liquidity will thin pretty much from now on until after the statement. 

Good times!