Earlier comments from Kuroda are here:
- BOJ's Kuroda: Japan's economic fundamentals remain solid
And I thought then the man can talk the leg off a chair ... but he's still at it:
- Risk of China's economy suffering a hard landing is low
- China bad loan problem isn't serious, even if it becomes a severe problem Beijing can solve it given its economy is growing 7 - 8 % on a nominal GDP basis
-
Hasn't stopped yet:
- Don't think the BOJ will reach limits to what it can do under QQE to hit its 2% inflation target
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Whether its related or not who knows but the USD/JPY is having its most rapid move the session, gaining 15 or so points in the last 50 minutes or so.
Did I just say 'rapid move'?
Clearly this has been a looooooong day. I'll get my coat.
Have a great weekend all.
