Market updates on July 16
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Top Japan government spokesman tells Abe is happy with BOJ Kuroda's outcomes
Japan’s Prime Minister Shinzo Abe most probably feels that the Japanese economy appears to be in good shape due to efforts by Bank of Japan Governor Haruhiko Kuroda. That’s what the top government spokesman told in his interview with the Mainichi newspaper released on Monday.
The Japanese government is believed to decide in the nearer months who is going to become the next BOJ chief when Kuroda's five-year term finally expires in April. A great number of market experts see a good chance that Kuroda is going to be reappointed, although Abe hasn’t offered clear hints yet.
When asked about the selection processes, Yoshihide Suga, Chief Cabinet Secretary told that he isn’t going to comment this statement, but from his point of view the prime minister is absolutely assured that the Japanese economy is performing well under the policies pursued by the BOJ's current leadership.
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