BOJ’s Kuroda: BOJ will not take incremental steps in easing

Comments from BOJ Governor Kuroda yet again hit the wires, as his speech continues at the BOJ press conference.

Key Quotes:

No obstacles to BOJ's JGB buying operations

Do not see any problem with BOJ proceeding with JGB purchases

See no change in demand for JGBs due to volatile price moves

Do not see rapid volatility in JGB market at the moment

Spain: 1Q16 GDP should remain strong – ING

Geoffrey Minne, Economist at ING, suggests that with 0.7% QoQ expected, 1Q16 GDP growth would be 0.1ppt lower than in 4Q15.
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Japan’s Suga: Govt expects BOJ to make efforts to achieve price target

Japan’s chief cabinet secretary Yoshihide Suga crossed the wires now via Reuters, noting that the government needs to take medium, to long- term view on impact of BOJ monetary policy.
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