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Following the latest Consumer Price Index from Japan for December, we now have the Bank of Japan Minutes. 

BoJ Minutes

BoJ December Monetary Policy Meeting – Full Minutes

  • Risks to the economy and inflation Warrant attention.

Description

The Bank of Japan publishes a study of economic movements in Japan after the actual meeting. These meetings are held to review economic developments inside and outside of Japan and indicate a sign of new fiscal policy. Any changes in this report tend to affect the JPY volatility. Generally speaking, if the BoJ minutes show a hawkish outlook, that is seen as positive (or bullish) for the JPY, while a dovish outlook is seen as negative (or bearish).