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MNI BRIEF: Attention Shifts To BOJ Uchida's Speech Tone Thursday

(MNI) Tokyo
(MNI) TOKYO

Market participants will focus on Bank of Japan Deputy Governor Shinichi Uchida's presentation to business leaders Thursday for any shift in tone that could quell expectations of a March policy shift.

Policymakers' positive views on the removal of negative rates, published in the recent January meeting opinions, has fuelled speculation the Bank could adjust policy in March.

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Market participants will focus on Bank of Japan Deputy Governor Shinichi Uchida's presentation to business leaders Thursday for any shift in tone that could quell expectations of a March policy shift.

Policymakers' positive views on the removal of negative rates, published in the recent January meeting opinions, has fuelled speculation the Bank could adjust policy in March.

Keep reading...Show less