Its after 8am in Tokyo, be on alert for yen verbal intervention comments from officials

Verbal intervention involves officials from the Ministry of Finance, and sometimes the Bank of Japan, saying things like 'monitoring excess FX volatility'.

With USD/JPY now above 152, a rapid surge indeed since the weekend, we can expect such remarks today. Kato kicked 'em off yesterday:

• Japan fin min Kato will thoroughly monitor for excess FX fluctuations, disorderly movement

Blah, blah, blah!