Further comments by BOJ governor Haruhiko Kuroda
- Momentum firmly in place for wages and prices to rise
- Inflation expectations are largely flat but upward price momentum remains
- Most concerned about risks from US-China trade dispute
- Impact from US rate hikes remains as potential risk to EM
- FX market remains relatively stable
- Stock market volatility not having impact on global economy just yet
- Will continue to watch developments closely
- Japan's economic fundamentals remain solid
Kuroda touching more on inflation now but as mentioned in the preview here, it's very much his job to put up a calm and confident facade even if he doesn't believe in it. USD/JPY trickling a little lower now to 113.17 as the dollar moves a little lower. Nothing major so far from Kuroda and I don't expect the rest of his comments to stand out either.
