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21 Sep 2016
Waiting game extends as we are past the average BoJ announcement time - BBG
Markets always play a waiting game before the BOJ policy announcement as the central bank has usually announced the policy decision between 11:45am and 12:50pm Tokyo time in the past nine meetings, according to Bloomberg data.
Average time is 12:21pm. We are past that time now as it is 12:27 Tokyo time. Does that mean something big due on the cards?