Russia Deputy PM Novak: Plans to cut oil output in Mar by 500Kbpd to improve market situation

tweet at 2:20am: Japan Set To Appoint Kazuo Ueda Next BOJ Governor - NIKKEI https://t.co/lnxyLNCxA2 tweet at 2:27am: *#BOJ DEPUTY GOVERNOR AMAMIYA REFUSED GOVERNOR POST: NIKKEI *JGB FUTURES DROP AS MUCH AS 24 TICKS ON BOJ GOVERNOR REPORT *#JAPAN NOMINATES UCHIDA, HIMINO AS BOJ DEPUTY GOVERNORS: NIKKEI *JAPAN TO NOMINATE KAZUO UEDA AS BOJ GOVERNOR: KYODOYen jumps as Japan government seeks alternative to Amamiya for BOJ governor post chart The report earlier says that the Japan government is set to appoint Kazuo Ueda as the next BOJ governor, after current deputy governor, Masayoshi Amamiya, firmly rejected their approach to succeed Kuroda. The reaction to me reads more as yen bulls being relieved that Amamiya isn't going to be the one taking over. As for Ueda himself, there isn't much to take note of about his recent stance on monetary policy affairs. He is an economist and former BOJ policymaker (1998 to 2005) but it has been a while since he has voiced his opinions about the central bank so his hawkish/dovish leanings are still mostly unknown.

tweet at 4:20am: Academic Ueda, Reportedly Tapped as Next BoJ Governor, Says BoJ's Monetary Policy is Appropriate, Need to Continue Easy Policy - Speaking on NTV https://t.co/nQS4lOwY2g tweet at 4:29am: UEDA SAYS IMPORTANT TO MAKE DECISIONS LOGICALLY AND EXPLAIN CLEARLY, WHEN ASKED HOW HE WOULD CONDUCT POLICY IF HE WERE BOJ GOVERNOR - NTV - https://t.co/wXVagA44VK tweet at 4:29am: On Reports Would Be Nominated As Next BoJ Governor, Ueda Says Nothing Has Been Decided - NTV