Various comments from around the place

From Japan's largest bank, Bank of Tokyo-Mitsubishi UFJ (BTMU):

  • MoF will be reluctant to intervene because of opposition from the US
  • Particularly ahead of the US presidential election, because of the focus on protectionist policy

Soc GEn:

  • BOJ is 'gun shy'
  • Ever since the January easing was not a success
  • Wary of making more policy mistakes

Nordea:

  • No meaningful risk of intervention ahead of 95