Results of a latest monthly poll now published 10 Aug

  • Abe should place focus on deregulation but only 5 from 35 think he will
  • 31 from 35 say BOJ's next move will be reduce policy stimulus but not before late 2018 at the earliest
  • remaining 4 anticipate further easing but also not until late 2018
  • Japan's GDP in FY2017/18 forecast at +1.4% and 1.1% 2018/19
  • core inflation to average 0.6% 2017/18 and 0.8% 2018/19

I've long said the BOJ won't/can't really ease again but do our yen bears out there still think they can/will ?

Meanwhile USDJPY 109.99 tightly bound again.

The Abe and Kuroda road show limps on