Once again, we’re waiting for a central bank decision.

If you think about it, we’re always waiting for something 😁

This time, all eyes are on the Bank of Japan #BOJ

December 19, 2025 is seen as one of the most critical turning points of the year for global markets, as the BOJ will announce its interest rate decision tomorrow.

The Bank of Japan is expected to raise its policy rate from 0.50% to 0.75%.

While this may look like a small hike, for Japan it’s a big deal.

If rates move up to 0.75%, it would mark Japan’s highest interest rate level in the past 30 years. 🇯🇵

Higher rates in Japan could trigger the unwinding of carry trades, where investors borrow cheap Japanese yen and invest in higher-yielding assets such as U.S. equities.

As you may remember, even Japanese housewives were converting yen into Turkish lira and earning interest and not just housewives 😁

Almost every Turk who opened a shop in Japan was doing the same.

See you tomorrow.