Asian shares were mixed while the Japanese yen tumbled and Japanese yields stayed above policy cap, after the Bank of Japan unanimously decided to keep its yield curve controls in place. | Reuters
-Pacific shares outside Japan eased 0.2 percent , after weak earnings from Goldman Sachs overnight dragged the Dow 1 percent lower. The investment bank reported a bigger-than-expected 69 percent drop in fourth-quarter profit.
“I guess Kuroda has sort of done the groundwork with widening the band in December, He’s done the groundwork for the new governor to get on board and take it from there.”ADVERTISEMENT A survey of global fund managers by BofA Securities out on Tuesday showed that expectations of further appreciation in the Japanese yen in January were the highest in 16 years.
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