🚨 MACRO SHIFT — BOJ JUST SHOOK THE MARKET 🇯🇵
The Bank of Japan kept interest rates UNCHANGED —
and caught the entire market leaning the wrong way.
Most traders were braced for a hike.
BOJ hit pause instead.
Here’s what actually mattered 👇
Why a hike was expected:
• Inflation holding above 2%
• Wage data finally improving
• Negative rates already scrapped
→ Positioning skewed toward strong yen + risk-off
Why BOJ stood down:
• Inflation still cost-push, not demand-driven
• Wage growth lacks long-term certainty
• Economic recovery remains fragile
• Financial stability > rushing tightening
BOJ chose stability over shock.
Instant market response:
📉 Yen weakened
📈 Japanese equities surged
🌍 Global markets got a liquidity boost
The real takeaway:
A dovish BOJ has historically been bullish for risk assets.
More liquidity. Less pressure. Better conditions for equities & crypto.
Markets don’t move on forecasts —
they move on surprises.
And this one mattered.
Liquidity is still flowing… and risk assets know it. 💰
