Japan's Kuroda says the Tankan results were better than expected via ForexLive

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So says finance minister Akira Amari. It always confuses me when officials start quoting other officials

  • Says Juroda says corporate earnings are improving
  • Kuroda says virtuous economic cycle to continue
  • Capex not rising as much much despite weak yen, suggests firms not shifting output back to Japan -Now quoting Suga
  • Excessive yen rise, excessive yen fall, excessively rapid FX moves not positive for economy

He's more or less repeating comments he made earlier on today

Last night's Tankan report came in better than expected

posted via ForexLive

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