Bank of Japan (BOJ) Governor Kazuo Ueda will have opportunity to speak directly on monetary policy since Donald Trump's victory in the U.S. presidential election on Nov. 5, and follows Japan's third-quarter gross domestic product (GDP) data which showed surprising resilience in consumption.
Ueda's comments will be scrutinised by markets for clues on how soon the BOJ could raise interest rates again, with analysts divided on whether it may come in December or January next year.
on fundamental i think BOJ will raise rate by 1 or 2% to help the weak falling yen.
if that happens AUD,GBP,USD,EURO,CAD will be in trouble
Ueda's comments will be scrutinised by markets for clues on how soon the BOJ could raise interest rates again, with analysts divided on whether it may come in December or January next year.
on fundamental i think BOJ will raise rate by 1 or 2% to help the weak falling yen.
if that happens AUD,GBP,USD,EURO,CAD will be in trouble
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.