BOJ set to cut inflation outlook - Nikkei

FXStreet (Bali) - BOJ is set to cut its inflation outlook, Nikkei reports, via Bloomberg, noting BOJ will cut FY15 CPI outlook to 0.1% from 0.7%, while also cutting FY2016 to 1.4%.

Reuters reported on the likelihood of downgrading both CPI and GDP last Friday. See report here. The BOJ semi-annual report, where these predictions may be confirmed, is due at 6GMT, that is, in just under 15m.

Oct 30, 2015

US debt ceiling bill passes Senate

The US debt ceiling bill had enough votes to pass the Senate, with votes 63-35 (60 was minimum threshold to reach). Unless a major surprise, the bill has clearance to be signed by US President Barack Obama.

Time has come for next leg of dollar rally? – SocGen

Kit Juckes, Research Analyst at Societe Generale, questions that whether commodity prices are in overshoot and set to stabilise, or still set for another significant leg lower as global growth slows which would drive the dollar up more than anything the FOMC might deliver.