Trade Anytime, Anywhere
Important Information
This website is managed by Ultima Markets’ international entities, and it’s important to emphasise that they are not subject to regulation by the FCA in the UK. Therefore, you must understand that you will not have the FCA’s protection when investing through this website – for example:
Note: Ultima Markets is currently developing a dedicated website for UK clients and expects to onboard UK clients under FCA regulations in 2026.
If you would like to proceed and visit this website, you acknowledge and confirm the following:
Ultima Markets wants to make it clear that we are duly licensed and authorised to offer the services and financial derivative products listed on our website. Individuals accessing this website and registering a trading account do so entirely of their own volition and without prior solicitation.
By confirming your decision to proceed with entering the website, you hereby affirm that this decision was solely initiated by you, and no solicitation has been made by any Ultima Markets entity.
I confirm my intention to proceed and enter this website Please direct me to the website operated by Ultima Markets , regulated by the FCA in the United Kingdom
The Bank of Japan (BoJ) left its monetary policy unchanged at its October meeting on Thursday, maintaining the short-term policy rate at 0.5% for the sixth consecutive time, in line with market expectations.
The decision passed by a 7–2 vote, with board members Hajime Takata and Naoki Tamura dissenting in favor of a rate hike to 0.75%, arguing that Japan has moved decisively away from deflation.
In its accompanying statement, BoJ Statement includes:
Over the forward guidance, The BoJ reiterated its commitment to gradual policy normalization, stating it will “continue to raise the policy interest rate and adjust the degree of monetary accommodation” if economic activity and prices move in line with its projections.
The meeting was the first since the inauguration of Prime Minister Sanae Takaichi, who is generally seen as an advocate for loose monetary policy and fiscal expansion. This new political dynamic is adding an element of caution to the BoJ’s tightening path.
Market Reaction
The Japanese Yen weakened following the decision, reflecting the lack of a hawkish surprise and continued policy divergence with the U.S. Federal Reserve (which cut rates yesterday, but signaled a pause).
Next Key Event
The market focus now shifts to BoJ Governor Kazuo Ueda’s press conference later today for further details and clues regarding the timing of the next potential rate hike, which many economists are now expecting in December or January.
Disclaimer
Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.
Ultima Markets provides the foremost competitive cost and exchange environment for prevalent commodities worldwide.
Start TradingMonitoring the market on the go
Markets are susceptible to changes in supply and demand
Attractive to investors only interested in price speculation
Deep and diverse liquidity with no hidden fees
No dealing desk and no requotes
Fast execution via Equinix NY4 server