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How might Japan's macro events overnight impact Yen, Nikkei225, even Cryptos?

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    Daily Bits
    Dec 18, 2025
    5 min read
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    Before we look at Japan's scheduled macro events, first a quick recap of the trio of scheduled macro events across major Western economies due in the hours ahead:

    • Bank of England (BoE) rate decision @ 12:00 PM UTC

    Markets now predict a [updated since yesterday's Daily Bits] 98% chance of a 25-basis point cut, with the next UK rate reduction fully expected in April 2026.

    • European Central Bank (ECB) rate decision @ 1:15 PM UTC

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