The public approval ratings of Japan’s prime minister may have plunged to record lows following a scandal over suspected cronyism, but a Reuters poll shows.
If Kuroda reassures markets the BOJ is nowhere near an exit from ultra-loose monetary policies, investors will stay unruffled by all doubts about Abe’s future.
Gold prices edged down early as global political tensions eased, but expectations for rising inflation supported demand for the safe-have asset.
Trump struck a hopeful note about US trade with Japan at a lunch with Shinzo Abe, saying he thought US would soon be able to trim its trade deficit with the country.
Trump and Abe said they had agreed to intensify trade consultations between the two longtime allies, with an aim to expand investment and trade between their countries.
The trade surplus with the United States narrowed slightly by 0.2 percent year-on-year to 623.1 billion yen ($5.82 billion) in March.
Trump and Abe will seek common ground on how to deal with North Korea’s nuclear challenge amid fears in Tokyo that Trump might be prone to make too many concessions.
Dollar steadied as the market’s focus shifted back to US trade policy as investors wagered US-led attacks on Syria would not escalate into a wider conflict.
Against a broad basket of its rivals .DXY, the dollar edged 0.3 percent lower at 89.54.
Kono said that Tokyo and Beijing needed to work more closely together to denuclearise N Korea, in comments made during a meeting with Wang Yi.
HDFC BANK Q4 REVIEW
PAT at Rs 4799 Cr vs Rs 3990 Cr, up 20.2%
NII at Rs 10,658 Cr vs Rs 9,055 Cr, up 17.7%
Net Interest Margin at 4.3%
Other Income at Rs 4229 Cr vs Rs 3446 Cr, Up 22.7%
Operating Profit at Rs 8835 Cr vs Rs 7279 Cr, up 21.3%
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