It’s time to take full advantage of the three-day weekend. Eat well and get plenty of rest because next week is packed with earnings and data for ye eager market participants.
As Monday's opening trade bell tolls, analysts and economists will be on theirs guard. It will be a heavy start to the week for most Asian markets, as investors looking for direction, will be out hunting for any and all useful insights on which way the Bank of Japan is likely to head as their two-day policy meeting kicks off.
Tuesday is the day of truth for Japan, as the BOJ announces their decision to hike, lower or hold the current 0.5% interest rate. Toru Umemoto, Chief FX Strategist at Barclays Capital says there's a chance the BOJ may not raise rates until the third quarter of 2007.