Moody's: Japan's credit strengths remain robust

Japan's credit strengths remain robust; foremost credit challenge is maintaining debt sustainability

(via Reuters)

More:

  • Says expect robust growth in external demand to continue this year and next
  • Combined with ongoing policy stimulus and construction for 2020 Olympics, forecast real GDP growth at 1.5% in 2017 and 1.1% in 2018
  • Geopolitical risk has increased in relation to higher uncertainty about a potential military conflict on the Korean peninsula

Aaaaand, yen goes nuts. Actually, it doesn't. Circa 112.08 and barely changed in the past hour or so.

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