12 Jul 2016
Japan PM Abe is said to be meeting with Bernanke in Tokyo today
Following ex-Fed Chief Bernanke’s meeting with BOJ Governor Kuroda a day before, Japanese PM Abe is holding a meeting with Bernanke later today. There are expected to discuss fiscal policy options along with monetary policy.
Meanwhile, USD/JPY extends the previous rally and trades at multi-month highs of 103.22, up 0.36% on the day, with Nikkei up more than +3% again this Tuesday.