The Traderszone Network

Sing it along with me ladies and gentlemen!
Yep … the central banks of the major traded currencies are all in that holding pattern kinda mood
– ECB last week
All on hold (oh, and the BoE earlier this month too)

Crude futures dropped in early Asian trading on Friday after the release of a report showing that U.S. economic growth had slowed sharply, reinforcing concerns about sluggish demand in a world awash with oil. U.S. economic growth braked sharply in the third quarter as businesses cut back on restocking warehouses to work off an inventory glut, data showed. Both of the main crude benchmarks are on track to post their first weekly gains in three weeks, but with oil still being added to inventories, prices are likely to be rangebound in the coming weeks, traders and analysts said.

The last time The BoJ increased QQE it was a close vote (just 5 to 4) as The Fed ended QE3 and with 16 of the 36 ‘qualified’ economists forecasting additional easing tonight, uncertainty was high going in with USDJPY and NKY drifting lower (and JGB yields rising) as recent data suggests Japan will escape a technical recession (even as household spending slides ever lower) buying Kuroda time (before unleashing his own bazooka). Then, just 25 minutes late, Kuroda unleashed… nothing:

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Growing quietly in the background to those not paying attention, eSports has turned into a surprisingly big and diverse scene.
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BOJ monetary policy announcement after the October 30 meeting
On hold again
Announcement made at 12.22pm Tokyo time (0322GMT) … which for a one-day meeting implies discussions were not overly drawn out … not a lot of debate of more easing.
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Bloomberg with a hair-raising report on what Wealth management Products are doing boost returns
More here
Yikes ….