BOJ Kuroda expects core CPI to reach 2% around H1 of FY 2017

Bloomberg reporting additional headlines from BOJ Governor Kuroda, as he speaks in parliament today:

Almost all recent moves can be explained by oil

Will continue easing until 2% inflation is stable

Expects core CPI to reach 2% around H1 of FY 2017

USD/JPY struggles with 114 amid risk-on rally in equities

The bulls took a breather after Tuesday’s more than 200 pips rally and now consolidate the upside, as the focus now turns towards the US jobs report due later today.
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Asian stocks through the roof, Nikkei soars 4%

The stocks on the Asian bourses are seen through the roof this Wednesday, and look to test Feb highs on the back of renewed optimism spurred by upbeat US manufacturing data and the oil price rally.
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