Today, the 30th, is the final business day of October, and the announcement of Japanese monetary policy and BOJ Governor Ueda's press conference are scheduled. The market is also focused on the direction of the U.S. dollar, yen and euro.
Today, the 30th, market attention is rising ahead of the weekend against the backdrop of October month-end factors. While earnings announcements by major companies are gathering pace in the U.S. market, the key events in Japan are the BOJ's policy decision and the release of its Outlook Report.
The central events are the BOJ's decision to leave its policy rate unchanged at 1.25%, the release of its statement and the publication of its Outlook Report. Governor Ueda's press conference is also expected to be held in connection with these events. Attention is also focused on developments in Tokyo's core CPI and the preliminary reading of industrial production.
The market is seeking to assess the reaction of the U.S. dollar, yen and euro to month-end factors and the release of monetary policy decisions. Attention is also said to be necessary regarding movements in long-term U.S. interest rates and U.S. economic indicators.