I wouldn’t go into the Bank of Japan meeting short JPY!
Richard Matthews sits down with Blake Morrow to give his thoughts on the FOMC, ECB and BOJ this week.
With the FOMC he thinks they will raise rates 25bps and will continue to pound the drum on “higher for longer” for rates and feels that the equity market still have not gotten the message yet.
The ECB will also raise rates, but the ECB may be a little more dovish as economic data has weakened in recent months.
He also feels there is a risk the BOJ and Governor Ueda does start to tinker with YCC this week.
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