BoJ unlikely to alter policy, but may appear a tad more upbeat

japanese flag | EconAlerts

The Bank of Japan (BoJ) will announce its policy decision during the Asian session on Wednesday. As per usual, no action is anticipated, with the yen instead likely to take its cue from any updates in the Bank’s economic assessment and forecasts – if any. Although the inflation picture remains tepid, growth-related indicators have picked […]

BoJ likely to retain a cautious tone amid muted inflation and trade risks

The Bank of Japan (BoJ) will announce its policy decision during Wednesday’s Asian session, with investors anticipating no change to the Bank’s loose policy framework following some adjustments at the previous gathering. Instead, the market focus may fall primarily on how officials perceive the escalation in global trade tensions, and to what extent these might […]

Japanese inflation to further ease; BoJ normalisation cycle not yet visible

money | EconAlerts

Japan’s inflation figures for the month of April are due on Thursday at 2330 GMT. The numbers are expected to show an easing in core CPI, this being the measure targeted by the Bank of Japan in its policymaking, and point towards the direction of further monetary policy divergence between the Japanese and US central […]

ECB and BoJ Interest Rate Decision

Euros and Dollars | EconAlerts

ECB is to announce its interest rate decision today and is widely expected to remain on hold at 0.00%. Currently, EUR OIS imply a probability for ECB to remain on hold at 98.39%. Market focus is expected to shift to the accompanying statement and the following press conference. We see the case for the statement […]

ECB Interest Rate Decision

ECB is to announce its interest rate decision and is expected to remain on hold at +0.00%. EUR OIS imply a probability for the bank to remain on hold at 95.68%. As the interest rate is not expected to change, the following press conference (13:30, GMT) could become the epicenter of the decision’s deliverables. The […]

Week ahead: March 5th-9th

Weekly Market Outlook | Econ Alerts

RBA’s, BoC’s, ECB’s and BoJ’s interest rate decisions, as well as US and Canadian Employment Data in focus.   Next week’s market movers   • RBA’s, BoC’s, ECB’s and BoJ’s interest rate decisions, despite being forecasted to remain on hold are expected to move the market.   • US employment Data at the mid and […]

Central bank chiefs gather under one roof

Daily Analysis | 14 November 2017   Today, Fed Chair Janet Yellen, ECB President Mario Draghi, BoJ Governor Haruhiko Kuroda, and BoE Governor Mark Carney will all participate in a policy panel in Frankfurt. The topic will be challenges and opportunities for central bank communication and as such, some remarks on the respective policies of […]

BoJ meeting: A more upbeat tone?

BoJ Bank of Japan | Econ Alerts

Daily Analysis | 30 October 2017   During the Asian morning Tuesday, the Bank of Japan will announce its rate decision and the forecast is for no change in policy. We share that view, while we see the case for the Bank to appear more optimistic with regards to the Japanese economy. Indeed, developments since the latest […]

USD gains as FOMC keeps its rate path unchanged

Federal Reserve Board of Directors | Econ Alerts

Daily analysis | 21 September 2017   Traders bought the Dollar as December rate hike looks likely   The Fed kept interest rates unchanged yesterday and announced it will begin to reduce the size of its enormous balance sheet in October, as was widely anticipated. In line with our view, policymakers kept the “dot plot” […]