BoJ Governor Ueda is to appear in Parliament at 14:30 local time (05:30GMT, 01:30EDT)

Context

Governor Ueda's appearance in Parliament could provide insight into the Bank of Japan's monetary policy stance and future direction. With market participants closely watching for commentary on inflation and interest rates, any hints towards tightening or maintaining the status quo could significantly impact the JPY and other related assets. Traders should be prepared for volatility, especially in the JPY and fixed income markets, as the Governor's remarks may influence expectations around future monetary policy.

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