BOJ gov speaking from the BOF event in Paris

Definitely got a glass half-full as ever and blinkers on.

  • inflation improvements supported by very favourable employment conditions
  • base wage hikes have returned
  • BOJ only half-way to its 2% target
  • monetary policy in Eurozone and Japan will succeed in near future

Oh really? Just how near is "near" Mr K ?

USDJPY understandably unfazed at 117.78

Ryan had the preview of today's speeches here