Despite one eye being kept on the FOMC tonight, Japan has again been in focus ahead of the European session with suggestions that Prime Minister Shinzo Abe could be about to announce a stimulus program as much as 27 trillion yen (c. $255bn). This figure is bigger than the 10 to 20 trillion yen that had been expected and could be announced today. The yen has sold off on the news, whilst Japanese equities have also been boosted. However, most other markets are looking towards this evening’s announcement from the Federal Reserve with the FOMC monetary policy. There is no expectation of any rate hike so soon after Brexit ... (full story)