- Japan economy expected to resume moderate recovery .
- Yen rise hurt Japan’s business sentiment, economy.
- BOJ must take careful, bold policy steps when needed .
- Will steadily proceed with powerful easing via asset purchases.
- Risk of delay in overseas recovery heightening.
- Worried more about economic growth, CPI undershooting rather than exceeding BOJ’s forecast.
- Firm domestic demand making up for delay in export, output recovery.
- Japan economy improving as a trend but worrisome signs increasing.
- Mindful of risks to Japan economy such as further overseas slowdown, Yen rise, delay in export recovery.
- Global slowdown fears , risk aversion driven by Europe debt woes are likely behind falling bond yields in advanced nations.
An awful lot of repetition to say the least and USD/JPY is at the lows trading 78.43/45 now , high was 78.53 , low 78.41 .
