Japanese insurance giant out with their latest review 20 April

  • plans to increase ccy-hedged foreign bond investment in 2016/17
  • expects markets to be volatile due to global political picture
  • not lending at negative rates
  • plans to increase investment in infrastructure, foreign stocks and alternative assets
  • expects USDJPY to be around 115.00 in March 2017

Yen negative if anything but not earth-shattering.

Meanwhile USDJPY remains under pressure and posting new session lows of 108.78