Goldman Sachs: Japan inflation to rise in 2017

In their latest forecasts on Japan’s inflation and GDP, Goldman Sachs noted:

GDP forecasts:

2016 0.5% (annual average)
2017 0.7%

CPI forecasts:

2016 0.1%
2017 1.2%

May 13, 2016

USD/JPY drops below 5-DMA as Nikkei sinks over 1%

The deterioration of risk conditions in the Asian trades this session provided the much-needed respite to the JPY bulls, now pushing USD/JPY further below 109 h

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May 13, 2016

BOJ’s Kuroda: Time needed for effect of monetary policy to spread to economy

Bank of Japan (BOJ) Governor H.Kuroda is now on the wires, speaking on the central bank’s monetary policy stance.

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