🇯🇵The Bank of Japan unexpectedly raised interest rates today, but the market seems to have "priced it in" early? The signals behind this are more crucial than the rate hike!
The latest analysis from the Commonwealth Bank of Australia points out that the market has fully priced in today's interest rate hike by the Bank of Japan, and the real focus has shifted to the post-meeting statement! Analysts emphasize that the Bank of Japan is expected to maintain a "cautious tone," what does this mean?
💡Key interpretation:
1️⃣ The market has reacted in advance, and the shoe dropping may trigger a "sell the fact" scenario;
2️⃣ Behind the word "cautious" is the Bank of Japan's restraint on the subsequent pace, liquidity will not make sudden turns;
3️⃣ Yen fluctuations may transmit to Asian currencies, indirectly affecting the flow of funds in the crypto market.
🚀Expectation guidance: If the Bank of Japan's statement leans dovish, risk assets may receive support again, especially paying attention to whether Bitcoin can break through resistance. The "caution" during the tightening cycle often hides the true direction of the market.
Keeping up with the changes in central banks is essential to capture opportunities in volatility! Waiting for the statement to land, let's monitor the market together.
(Opinions are for reference only and do not constitute investment advice)
