Yep, its BOJ day.
Again.
We really should make it more interesting and call it Steak and BOJ day or something like that.
Make it a bit of an event.
Anyway …
There is no change expected from the BOJ today. The bank eased policy further back on October 31, which caught the market by surprise. the easing was voted in favour by 5-4, so it would seem unlikely there will be more for quite some time.
Right, now you're asking, what time is the announcement …. right?
Well … … there is no scheduled time for the conclusion of the meeting and subsequent monetary policy statement. The more there is to discuss and debate, the longer the meeting tends to go … but with no change expected this time around I expect the announcement earlier rather than later. Look for it some time between 0230-0330GMT, but be ready for it outside that window.
Following later, Bank of Japan Governor Kuroda will give a press conference. This does have a scheduled time … 0630GMT.
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