What is it? It's among the primary methods the BOJ uses to communicate with investors regarding monetary policy. It covers the factors that affected the most recent interest rate decision, the overall economic outlook, inflation, and clues regarding future monetary policy.

When? At 2:31am eastern time. 

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the JPY to rise.

 

 

 

 

  

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U.S. stocks are on track for a 3-day winning streak.

 

Headline inflation jumps in May. Jobless claims drop to 267,000.

 

U.S. stocks opened higher on Thursday as investors digested a number of upbeat economic reports and a day after the Federal Reserve struck a dovish tone and emphasized that rate hikes will come at a slower pace than expected.

Gold futures are climbing, helped by pullback in the U.S. dollar as the Federal Reserve signals it will raise interest rates at a gradual pace.

Oil markets rallied on Thursday on the back of a weaker dollar as investors weighed mixed U.S. oil inventory data. West Texas Intermediate futures for July were trading up 1% at $60.53 a barrel, while Brent crude for August delivery rose 1.1% to $64.60 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange.

 

The U.S. dollar fell to a one-month-low after the U.S. Federal Reserve signaled Wednesday it will go slow with any interest-rate increases. As oil is priced in dollars, it becomes more expensive for holders of other currencies as the greenback appreciates.

 

 

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Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

 

1. Fitbit steps into the market:

Fitbit, the firm that fashions techy fitness trackers, is making its stock market debut Thursday. The initial public offering was priced at $20 per share, setting the value of the firm around $4 billion. Shares will begin trading on the New York Stock Exchange under the symbol "FIT".

 

2. Stock market overview:

Market sentiment is getting dragged down by worries that Greece and its creditors will not be able to reach a deal. Greece could be just weeks away from defaulting on its debts, and Thursday is seen as a critical day for political leaders to finalize an agreement. If they can't get a deal, many are predicting doomsday scenarios for the indebted nation. The risks surrounding Greece have pulled down European markets, which are all in the red in early trading.

 

3. Stock market mover

Oracle: Shares in software company Oracle (ORCL, Tech30) are off by about 7.5% premarket following worse-than-expected earnings. The company reported its revenues were down 5% in the latest quarter as it was hit hard by the strengthening U.S. dollar.

 

4. Earnings and economics:

Rite Aid (RAD) and Kroger (KR) are reporting their latest earnings before the market open. Kroger is one of the largest supermaket chains in the world, and its stock is up 55% over the past 12 months -- though food cost inflation and lower revenues from fuel sales may hurt the company's revenue.

 

 

 

 

 

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