The announcement from the Bank of Japan is due up real soon …What time is the Bank of Japan (BOJ) announcement due today?

To repeat …. there are no expectations of a change in monetary policy

But, the BOJ is expected to to cut its inflation outlook, at least by some analysts

What else?

They are also to announce a “one year extension of the ‘Stimulating Bank Lending Facility’ and the ‘Growth-Supporting Funding Facility’ which are presently scheduled to end this March” … but they may delay making this decision until the February meeting

While we wait for the BOJ we can hear US President’s Obama State of the Union address, which is due in full at 0200GMT, though excerpts from the speech have already been released.