USD/JPY thought Mr Kuroda was tucked up in bed with a hot cocoa and promptly does a little 28 pip jig. Down to 97.04 then up to 97.32.
- Japan’s economic improvement is steadily proceeding, seeing signs of positive cycle of output, income and spending
- Sales tax hike won’t derail economic recovery or hamper 2% inflation target
- Delaying steps to restore Japan’s fiscal health may create problems in future
Headlines from Reuters
