Better than expected, a welcome development for Japanese industry.
Japanese manufacturers’ outlooks:
see October output +8.3% m/m (prior forecast +6.1%)see November -3.7% m/m
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Still to come today:
Bank of Japan Policy Meeting Preview – Don’t Hold Your Breath for a HikePreview – Bank of Japan meeting this week – no change to policy expectedJapanese Inflation Data Impact on USD/JPY; BoJ Meeting Outlook
The Bank of Japan don’t have a set time for publishing their decision. Its usually in the 0230 to 0330 GMT time window:
2230 – 2330 US Eastern time
Bank of Japan Governor Ueda will follow with a press conference, and for that we do have a time, 0630 GMT
0230 US Eastern time
This article was written by Eamonn Sheridan at www.forexlive.com.
