Bank of Japan Gov Kuroda speaking in the Japanese parliament today

  • Uncertainty over global economic outlook is high
  • Overseas economic developments will certainly be discussed at BOJ's rate review that starts from Wednesday
  • BOJ will guide policy appropriately looking at impact of overseas economic changes on Japan's economy, momentum for hitting price target

Kuroda his usual dovish comments. So the yen goes …. up …. LOL.

More:

  • YCC is creating extremely loose monetary conditions for households and companies
  • BOJ will thoroughly debate at this week's rate review risks including US-China trade tension, developments regarding Brexit