tweet at 11:10pm: JAPAN PRODUCTIVITY CENTER PANEL: THE GOVERNMENT AND THE BANK OF JAPAN SHOULD ISSUE A NEW JOINT STATEMENT. tweet at 11:11pm: JAPAN PRODUCTIVITY CENTER PANEL: BOJ'S PRICE TARGET OUGHT TO BE LONG-TERM. tweet at 11:16pm: JAPAN RESEARCH INSTITUTE CHAIR OKINA: WE BELIEVE THAT THE BOJ AND GOVERNMENT COOPERATION SHOULD BE RECONSIDERED. tweet at 11:24pm: Japan Think Tank Head Okina, Considered Among Candidates to Join New BoJ Leadership, Says BoJ’s Monetary Policy Must Be Revamped Okina: By Making BoJ’s 2% Inflation Target a Long-Term Goal, Monetary Policy Can Become More Flexible tweet at 11:24pm: OKINA: THERE MUST BE MORE DEBATE ON RISKS, COST, THAT MIGHT ARISE WHEN BOJ NORMALISES MONETARY POLICY #News #Markets #BOJ #capitalhungry
The re-opening of China's mainland market amid reports of strong activity during the holiday, was relatively subdued. The CSI 300 rose less than 0.5% and the Shanghai Composite eked out less than a 0.2% gain. The 0.5% gain in the yuan was largely in line with the performance of the offshore yuan. Indeed, it seems like a bit like "buy the rumor sell the ...