BOJ gov out a short while ago repeating previous comment

  • doesn't think Japan should institute negative deposit rate
  • Japanese banks have been increasing their loans
  • BOJ doesn't use negative depo rates as a policy tool but its asset purchases have significantly pushed down yields across curve

Speaking at a forum in Tokyo

Eamonn had other comments here

USDJPY unfazed by the comments at 123.29 just off session highs in what has been a tight Asian range