Japanese finance minister spouting forth once more 10 May 2016
Unsure? He's having a laugh.
Also out BOJ's Nakaso:
- strong downside risks exist for Japan's economy
- some time needed for positive effects of negative rates to spread through economy
- will take additional policy steps if needed
- looking at economy, prices at each meeting
I would hope so on that last comment. It's, er. their job isn't it?
Meanwhile USDJPY still unable to breach the strong offers into 109.00 but remains underpinned
