BOJ Ueda - Ready to hike if economic/price outlooks correct
BOJ Gov Ueda hints BOJ ready to hike if economic/prices outlooks correct
Economy currently showing moderate growth despite some weaknesses
Uncertainties still high, eyeing FX and markets, impact on economy/prices
Did not hike this month on US uncertainty, ahead of fresh Japan wage hikes
Seems BOJ leaving open option of hiking in January, after more data?
Ueda not definitive on hikes however, market interpreting it as dovish?
Recent data already better, prices remain sticky above 2% BOJ target
USD/JPY up another leg on back to 155.99, JGB yields heavy, 10s @1.062%
See nP8N3MP036, nP8N3MS08O, nP8N3MP038, nL4N3NK04O
For more click on FXBUZ
BOJ keeps rates steady: https://reut.rs/3P4aygz
Japan's exports rise, helped by weaker yen: https://reut.rs/3P4mPBH
USD/JPY hourly: https://tmsnrt.rs/4gFpAVO
Yield on JGB 10s - hourly: https://tmsnrt.rs/49HRaiZ
(Haruya Ida is a Reuters market analyst. The views expressed are his own)
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