The markets are set for another showdown with the Bank of Japan this week as the central bank meets on July 29, Friday for its monetary policy meeting. The dollar has posted steady gains since the past few weeks led by series of developments, both speculation and facts, all of which stoked investor expectations of more policy easing from the BoJ this week. With the Brexit referendum now history, markets shifted focus to the upper house elections in Japan which saw Shinzo Abe’s LDP winning with a majority. The markets viewed this victory as an endorsement for Abenomics. Indeed, right after winning the upper house ... (full story)