- likely that the decision was as a result of cautious debate within the BOJ
PM still speaking in Beijing and repeating comments he made at the time
- hopes BOJ continues its efforts to meet its 2% inflation target
- govt will work closely with BOJ and make every effort to ensure the end of deflation
USDJPY 115.83 after 116.11 highs earlier with offers into 116.20 still holding

Abe – I’m listening. Really