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Bank of Japan Governor Haruhiko Kuroda reported to the Diet that Japan's economy continues a moderate recovery. He said growth is expected to stay above potential through fiscal 2018, while consumer prices excluding fresh food remain slightly negative.
Continued accommodative policy keeps the yen under pressure and supports Japanese demand for imported feed. The direct effect on commodity prices is minor.
bis.orgHaruhiko KurodaDec 14, 2016Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
