Further comments by BOJ governor Haruhiko Kuroda
- Overseas downside risks are heightening
- Mainly due to US-China trade friction and European problems
- Will monitor if downside risks affect price growth
- Doesn't think overseas risks are enough to alter main view
- US-China trade friction likely heading towards a resolution
- Prolonged trade friction is a negative for both sides
- Inflation expectations are one of the downside risks, needs careful watching
Once again, nothing out of the ordinary so far by Kuroda - as expected. USD/JPY sits at 109.65 on the day, barely changed from when he started speaking earlier.
