Its Bank of Japan day! (Yes, again ... October 6/7, October 30 and now November 18/19. I think they are working on a 'bore the market to death' strategy)
I'll be back with more on the BOJ soon. I posted a quick preview yesterday for something to be getting on with.
Ahead of then, due at 2350GMT:
Trade balance for October
- expected is Y -246.3bn, prior was Y -115.8bn
Trade balance (adjusted) for October
- expected is Y -343.1bn, prior was Y -355.7bn
Exports y/y
- expected is -2.0%, prior was +0.5%
Imports y/y
- expected is -8.6%, prior was -11.0%
Exports have been a disappointment for the BOJ and the Japanese administration ... they should be a key source of growth for the economy but ... not. After the most recent 2-day policy meeting the BOJ revised their growth forecasts lower.
Also at 2350GMT, the regular International Transactions in Securities data from Japan's Ministry of Finance,
- Japan Buying Foreign Bonds
- Japan Buying Foreign Stocks
- Foreign Buying Japan Bonds
- Foreign Buying Japan Stocks
0430GMT - Japan All Industry Activity Index for September
- expected is +0.2%m/m, prior was -0.2%
0630GMT - Bank of Japan (BOJ) Governor Kuroda press conference
