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No Real Catalyst Seen


JGB futures added 5 ticks in the final overnight session of last week, but failed to challenge the upper bound of the recent range in the process.

  • BoJ Governor Kuroda's weekend address offered no fresh insight, as he reaffirmed the Bank's view on the Japanese economy, and pushed back against the idea of movement in the Bank's forward guidance and/or inflation target.
  • Monthly trade balance data and 12-month issuance headline the local docket on Monday.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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