• BOJ expanded its easing program by Yen10 trillion and kept rates unchanged:
  • Statement was dovish, leaving way open for a possible policy change in January:
  • JPY has strengthened nonetheless as the market is short at extreme levels:
  • Greek FinMin was reported as saying that Greece could still leave EZ:
  • EUR/JPY fell from 111.80 to 111.00 before recovering to 111.50:
  • Australian Treasurer announces that budget surplus now unlikely:
  • New Zealand GDP +0.2% QoQ; business confidence drops to 22.7 from 26.4:
  • China’s leading economic indicator index falls to 1.1 from 1.5 last month.