Black Swan Incoming! Bank of Japan Raises Interest Rates, Ending the "Lost 20 Years"?
The Bank of Japan's latest interest rate decision will be announced at 9:00 AM today. The market widely expects a 25 basis point hike, marking the first time since 1995 that rates will be raised to 0.75%. The latest overnight index swap market data also shows that the probability of the BOJ raising interest rates has surged from 20% in early December to 94%, almost a certainty. Although the increase is modest, it represents a key step toward normalizing Japan's monetary policy and could have far-reaching impa

12/18 Market Analysis
Tonight at 21:30, the U.S. Department of Labor will release key November inflation data, including the US November unadjusted CPI annual rate. This is the first CPI report in nearly two months. The small-cap central bank will also announce an interest rate hike tonight. More market-sensitive than the Fed’s policy is the shift in monetary policy from the East. According to the latest schedule, the small-cap central bank will announce its rate decision on December 19th (Friday). The market is on high alert, with widespread expectations that the small-cap central bank will r