BoJ’s Kuroda: Japan economy needs persistent monetary easing

The Bank of Japan (BoJ) Governor Kuroda was on the wires last minutes, via Reuters, making his scheduled speech in Parliament.

Key Points:

Cryptocurrencies are mostly used for speculative investing.

Cryptocurrencies should be called crypto assets.

Cryptocurrencies like bitcoin not seen as currencies.

Japanese economic fundamentals, company profits are strong.

Risk off sentiment in the US lead to stock falls.

Will continue to closely monitor developments in markets.

Financial market moves can have an impact on the real economy.

Japan's economy needs the BOJ to continue current policy.

Bank of Japan still a long way from price target.

Japan economy needs persistent monetary easing.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.