BoJ Governor Ueda’s first policy meeting – The MUFG Global Markets Podcast

The unified local elections are nearing an end, with strong showings by ruling party candidates. With no discernable upward stress on JPY rates, the Tokyo market clearly expects Bank of Japan Governor Kazuo Ueda to take his time adjusting monetary policy.

Yen cross-currency basis and Dollar / Yen have been relatively stable. In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido discusses the Lower House elections and shares his outlook for the Bank of Japan meeting this week. He also shares his views on spot Dollar / Yen, Yen rates, and Yen basis.

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