Could we see GAP down open on USD/JPY pair ?
BoJ Kuroda: Welcome to the "2 Percent" Club
It is a great honor to have this opportunity to address such a distinguished gathering of business leaders in Japan today. There is only one week left this year. This year, Japan's economy has continued to recover moderately as a trend, albeit with fluctuations due to the front-loaded increase in demand prior to the consumption tax hike and the subsequent decline. Corporate profits have been improving significantly, and, as a whole, have maintained a favorable level around the peak before the global financial crisis (Chart 1). On the back of those, firms have become active on making business fixed investment and on ... (full story)