Bank of Japan governor Kuroda speaking from Davos 20 Jan
- top priority is to beat inflation
- 2% target not yet achieved
- cautious wage demands mean inflation expectations have dropped again after rising.
- Asian economies gaining momentum
- Japanese exports, industrial output showing recovery
- Japan's economy to grow +1.5%, well above potential in current/next FYs
Repetition Man back to the mic.
Meanwhile USDJPY still holding gains above 115.00. Looking to short around 115.50 again.
Kuroda speaks again - Anyone still listening?