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  • BOJ Set to Cut Bond Buying as Fate of Rate Policy Stirs Jitters

    From bnnbloomberg.ca

    Bank of Japan Governor Kazuo Ueda will have investors on high alert Wednesday when he lays out a detailed plan for quantitative tightening after years of massive easing. He may also double down by adding an interest rate hike to boot. While only about 30% of BOJ watchers predict a hike as their base-case scenarios, almost nobody is ruling out the possibility, according to a Bloomberg survey. The high degree of uncertainty has propelled the yen and Japanese stocks on a roller coaster ride that’s likely continue until the decision and beyond. Some BOJ officials are open to the idea of raising rates this month with ... (full story)

  •  Guest
  • | IP XXX.XXX.95.28
Very sure that Ueda may only reduce bond purchases. The interest rate hike may only take place in sept or oct 24. BOJ people are all dovish.
If position trading is your thing, then short CADJPY should be considered. BOC is reducing IR's while the BOJ is at least talking higher rates. Also you might like to consider seasonality and the COT commercials in your evaluation of this idea. Cheers x
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  •  Guest
  • | IP XX.XXX.133.13
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