Asian shares fell slightly throughout the night as the Bank of Japan monetary policy was left unchanged, a move which was widely expected beforehand. By unchanged, this means the monetary policy is set to increase by ¥60-70 trillion per year.
Looking to the day ahead, we look set for a busy day of trading with a packed economic diary which should whet the appetite of investors. Of high impact, the EU CPI figure will be released at 10:00, set to come in at 0.8% shortly followed by ADP Non-Farm Employment Change over in the US, forecasted at 203k. Markets may be particularly twitchy today as investors await this evenings FOMC Statement at 19:00 BST which is often the catalyst for significant movements in global markets.