Japan yen intervention boss says he's not in a position to comment on BOJ monetary policy

Some early remarks crossing from Japan's Finance Ministry's Vice Finance Minister for International Affairs Kanda. He is the guy who will instruct the BOJ to intervene, when he judges it necessary. Often referred to as Japan's 'top currency diplomat'.

• Says he is not in a position to comment on Bank of Japan monetary policy
• recent Japanese price and wage rises are overshooting forecasts
• corporate wage behaviours are changing
• the Bank of Japan is likely to revise its forecasts for inflation

From earlier today:

Bank of Japan meet this week, July 27-28 - no change seen to yield curve control (YCC)

And even earlier:

• October is now the month most cited as the likely timing for a BOJ policy change

• Bank of Japan Governor Ueda comments this week have watered down YCC tweak expectations

More previews

• Weekly Market Outlook (24-28 July)
• Week ahead highlights include: FOMC, US GDP, PCE; ECB, BoJ; flash PMIs