It's the turn of Mr K to step up after his chat with Aso 2 Aug 2016
- boost from stimulus package is very large
- current easing package lowers the yield curve
- BOJ policy review will discuss how to hit price target
- don't think BOJ will shrink its policy after review
- BOJ and govt will work together for the economy
- declines to comment on daily market moves
Meanwhile USDJPY 101.56 after a quick dip below 101.50. Yen demand still capping core pairs
