Japanese PM Abe doing the rounds on tv upon return from his golf w-e 13 Feb

  • Obama took a cautious stance to the use of military force on N Korea but thinks US action will be stronger under Trump

Keep calm everyone !

  • has agreed he and Trump will always meet at international meetings

How nice.. They'll have worked out another funny handshake for us by then.

  • have invited US VP Pence to visit Japan this year
  • numeric targets on Japan autos aren't productive

Meanwhile USDJPY still in crablike mode at 113.70 as we wait on NA desks to see if they can add any spark.