Published at 02:26 (GMT) 24 Nov

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Peacemaking or Mending Fences? Given the possibly increasing strains between DPJ Government and the independent BoJ after series of "Asleep, quite weak" comments aimed at the central bank before communications start to deteriorate? DPM/ Strategy Minister Naoto Kan says the government has kept up communications with BoJ and wants to continue having close contact in the future. On FX, the comments from Kamei on BoJ is not helping sentiment, and seen negative for Nikkei as well. USD/JPY at 88.85-87 seen in tight range of 88.50-89.50 for now, with good bids at 88.50-60, offers 89.00-20. USD/CHF at 1.0100-05, focus on any SNB, Swiss supranational bids on dips, with EUR/CHF hovering around 1.51 handle, eye 1.5200.WL