Disappointing export data is expected from Japan for May, down from a lacklustre reading the month before.
The Bank of Japan met Monday and Tuesday and have remained on hold, again. Ueda tried to fill the gap with words:
- A summary table of the BOJ taper plan
- BOJ leaves policy rate unchanged in June monetary policy decision, as expected
- BOJ governor Ueda says not appropriate to comment on near-term rate hike possibilities
- BOJ governor Ueda: Bond tapering decision more about avoiding excessive market volatility
- BOJ governor Ueda: Further rate hike depends on likelihood of achieving our outlook
- BOJ governor Ueda: We considered market participants’ views for bond plan
- This snapshot from the ForexLive economic data calendar, access it here.
- The times in the left-most column are GMT.
- The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
- I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing.
This article was written by Eamonn Sheridan at www.forexlive.com.