HIROFUMI SUZUKI, SMBC Chief Foreign Exchange Strategist: At the press conference, Bank of Japan Governor Kazuo Ueda, the market will focus on his assessment of recent changes in global financial conditions. Currently, the Bank of Japan may still be in the process of observing developments. However, if it takes a more obvious wait-and-see stance, the next rate hike is likely to be in favor of January rather than December.

HIROFUMI SUZUKI, SMBC Chief Foreign Exchange Strategist: At the press conference, Bank of Japan Governor Kazuo Ueda, the market will focus on his assessment of recent changes in global financial conditions. Currently, the Bank of Japan may still be in the process of observing developments. However, if it takes a more obvious wait-and-see stance, the next rate hike is likely to be in favor of January rather than December.