- Japan’s economy likely to resume recovery after period of flat growth.
- Overseas economies have moved somewhat deeper into deceleration phase.
- Japan CPI likely to remain flat for time being.
- Financial system stable as a whole.
- BOJ pursuing powerful monetary easing.
- Uncertainty over global economy remains high, must watch effect of forex moves on economy, prices.
- Japan consumer spending is firm, capex in moderate upward trend.
- BOJ must monitor impact of economy of European crisis.
USD/JPY trading on session highs at 79.30/32.
RTRS/BBG headlines
