BOJ probably won't ease next week – Japan Abe’s adviser

Etsuro Honda, an adviser to Japanese Prime minister Abe, was on the wires today, expressing his view on the BOJ monetary policy.

Key Quotes:

Easing to come after BOJ digests reaction to negative rates

BOJ probably won't ease further next week

Japan should postpone or freeze 2017 sales tax increase

Easing should be a combination of negative rates, asset buys

USD/JPY recovery stalls near 113.70 post-China CPI

A fresh spurt of buying interest gripped the USD/JPY pair over the last hour, after markets were relieved somewhat after the Chinese CPI figures unexpectedly rose in Feb.
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Japan's inflation trend is improving – BOJ’s Iwata

Comments from BOJ Deputy Governor Iwata also hit the wires over the last hours:
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