Important for China, Japan, Europe, U.S. to act appropriately on market instability – BOJ’s Kuroda

Comments from BOJ Chief Kuroda yet again:

Do not see any problems with boj's JGB purchases even after adoption of negative rates

If banks become reluctant to sell Japanese Govt. Bonds this would still push down yields

Want to raise topic of global market instability at upcoming G20 meeting

Hope G20 turns out as venue to debate steps to stabilise markets

Important for China, Japan, Europe, U.S. to act appropriately on market instability

USD/JPY fighting hard to extend beyond 114

USD/JPY is currently seen making minor-recovery attempts from hourly 100-SMA and now struggles to extend beyond 114 handle amid ongoing comments from BOJ Chief Kuroda.
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BoJ stimulus addition coming soon? - BBH

Research Team at BBH, notes that the Abe advisor Etsuro Honda said that the BOJ could add to its stimulus program as early as the March 14-15 meeting.
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