🚨 Markets are watching Japan closely 👀

Rumors suggest the Bank of Japan could begin selling its ETF holdings as early as next month, marking a potential new phase in its exit from ultra-loose monetary policy.

This wouldn’t just be a balance-sheet adjustment — it would signal a structural shift in how the BoJ supports markets. Even if sales start slowly, the message is clear: extraordinary easing is being unwound.

If confirmed, this move could:

• reshape expectations for Japanese equities

• impact yen volatility

• spill over into global risk markets

It’s not about speed — it’s about direction.

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