BoJ: no early end of QE in sight - Scotiabank

Analysts at Scotiabank explained that Japan reported a small improvement in small business conditions for Jul (50.0, from 49.2 in Jun). 

Key Quotes:

"Former MoF official Utsumi suggested that policy makers should consider reducing fiscal and monetary policy support for the economy and follow the lead of other global central banks which are stepping away from easy policy settings."

"With the BoJ still some distance from its 2% inflation goal, however, no early end to the BoJ’s QQE policy stance is effectively in sight at the moment, we believe."