Eyes on BoJ: Week closing Key events - Westpac

FXStreet (Guatemala) - Sean Callow, analyst at Westpac Banking corporation noted the closing session's key events today and tonight.

Key Quotes:

"As usual, there is no fixed time for the statement following the Bank of Japan meeting, though most decisions come in the hour after 11:30am Tokyo. Governor Kuroda’s press conference will start at4:30pm Syd/2:30pm Sing/HK."

"Kuroda has clarified that his comments on the yen were on the real rather than nominal exchange rate, and we are looking for commentary in the statement on a likely downgrade of the GDP profile. The Asia calendar is otherwise low key."

"We will hear from San Francisco Fed’s Williams, a voter and centrist, on monetary policy and the slightly hawkish Cleveland Fed president Mester. While Canada May headline CPI looks to remain stable at 0.8%y/y, core is expected to slip to a still-high 2.1%. The median for Apr retail sales is a 0.7%m/m rise, with autos again supportive."

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