Bank of Japan Gov Kuroda Speaks

The Bank of Japan will hold the usual press conference after the interest rate decision and the release of the Monetary Policy Statement as well as the BOJ Outlook Report. Governor Kuroda will be the main speaker. As head of the central bank which controls short-term interest rates, he has an important influence on the nation's currency value. Traders scrutinize his speeches as they are often used to drop subtle clues regarding future monetary policy and interest rate shifts, although not much is expected to change this time. The BOJ hadn't had much to say recently, but we saw a report from Bloomberg last week, suggesting that the BOJ might revise lower inflation and GDP growth forecasts this week. Please follow our experienced analysts for live coverage of this event.