Well done Mr Kuroda

[phantom_opera]

Nikkei 225 13,926.08
+82.62 ( +0.60%)

[phantom_opera]

Nikkei 225 from 8,500 to nearly 14,000 in < 6m ... really magic

but but but...



more money printing X4 now?

[indomie]

Japan’s Bigger Price Decline Shows Size of Kuroda Task: Economy
By Toru Fujioka and Andy Sharp
April 25, 2013 10:19 PM EDT
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Japan’s consumer prices fell the most in two years, underscoring the challenge facing Bank of Japan (8301) Governor Haruhiko Kuroda as he works to meet a 2 percent inflation target.
Consumer prices excluding fresh food slid 0.5 percent in March from a year earlier, the statistics bureau said today in Tokyo. The median estimate of 25 economists surveyed by Bloomberg News was for a 0.4 percent decline. Overall prices dropped 0.9 percent.
Today’s data will be no surprise for the BOJ, which this month said that it expects prices to keep declining for “the time being” even after unveiling a plan for unprecedented monetary easing. The bank may today raise its inflation forecasts to signal confidence it will reach its target by 2015, people familiar with the matter told Bloomberg News this month.
“We can expect more easing later this year if prices refuse to edge up,” said Junko Nishioka, chief economist at Royal Bank of Scotland Group Plc (RBS) in Tokyo and a former BOJ official. “It’s imperative for the BOJ to clearly communicate its objectives to maintain expectations that prices will rise.”
The BOJ’s easing is pushing up property prices and is likely to lead to higher rents -- a key consumer-price driver, Nishioka said. Prime Minister Shinzo Abe is also using his ties with business leaders to try to pressure companies to raise wages, she said.

[indomie]

[azeoprop]

Time for Japan holiday!

[felicia_sg]

Japan's money supply to double within 5 years! Japan PM say one.........