The Bank of Japan don't have a scheduled time for the end of their meeting to finish and the announcement made
- In general, the later the announcement comes the more likely it is that a new policy action will be announced
- This is not a given, just a tendency.
- its complicated somewhat by the new BOJ meeting timetable this year. In 2015 there were 14 meetings, but in 2016 there will be much fewer, just 8
Here are the times of the announcements from the beginning of 2015:
2015
- 21 January 12.29pm 0329GMT
- 18 February 11.49am 0249GMT
- 17 Mar 12.04pm 0304GMT
- 8 Apr 12.36pm 0336GMT
- 30 Apr 1.04pm (one day meeting) 0404GMT
- 22 May 11.49pm 0249GMT
- 19 Jun 12.04pm 0304GMT
- 15 Jul 12.18pm 0318GMT
- 7 Aug 12.18pm 0318GMT
- 15 Sep 12.07pm 0307GMT
- 7 Oct 12.00pm 0300GMT
- 30 Oct 12.22pm (one day meeting) 0322GMT
- 19 November 2015 12.17pm 0317GMT
- 18 December 2015 12.51pm - added tiny easing 0351GMT
2016
- 29 January 12.38pm 0338GMT - added easing (negative interst rate)
So, we're at the tail end of the expected time window, you can see why the market is getting itself a bit worked up.
