The Bank of Japan's monetary meeting on October 30-31, 2024, is anticipated to maintain current rates, with a potential 0.10% hike in December being a possibility. Governor Kazuo Ueda's cautious stance on inflation and growth, alongside uncertainties from the US elections, may influence future rate decisions. Market participants are closely watching economic forecasts and the widening US-Japan bond yield differentials, which have strengthened the USD/JPY, while the Nikkei 225 faces upward trendline support amid limited risk-taking.