BOJ governor Kuroda speaking in Niigata, Japan 14 Feb

  • Asia has been a driver of global economy
  • Asian growth model seems to have stumbled post-2008
  • unlikely that global trade will regain pre-crisis growth pace
  • trade liberalization has become sluggish

Kuroda spouting forth on one the global hot topics concerning markets right now.

Meanwhile USDJPY 113.34 near session lows as yen demand returns/prevails.

Nikkei 225 down 1.12% at 19,245.94 as we head into the close.