Week Ahead – Bank of Japan highlights a data-heavy week From xm.com
The central bank torch will pass to the Bank of Japan next week. Even though the consensus is for no policy changes, the prospects for the yen have started to improve heading into a potentially stormy year. There’s also a heavy dose of data releases from Canada and the United States. Economic developments in Japan have been encouraging lately, raising speculation that the central bank might finally consider an exit from its decade-long stimulus program. Inflation has fired up and is currently running at 3.7%, the Tankan survey suggests business conditions are improving, and the government has unveiled a $200bn
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