The yen surged and Nikkei dove following the Japanese PM's caution about reaching his 2%...
The yen surged and Nikkei dove following the Japanese PM's caution about reaching his 2% inflation target, but both are recovering (Nikkei futures at least as Tokyo is now closed). Not a softening in his hard line about devaluation, Abe's comments can be better read as "expectations management," writes David Keohane. The yen (FXY) is back to flat on the session. EWJ +0.4%, though the Nikkei fell 1% overnight.
From other sites
at CNBC.com (Jun 16, 2014)
at MarketWatch.com (May 22, 2014)
at CNBC.com (Apr 8, 2014)
at CNBC.com (Apr 7, 2014)
at MarketWatch.com (Jan 7, 2014)
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