BoJ’s Kuroda: Japan economy needs persistent monetary easing

The Bank of Japan (BoJ) Governor Kuroda was on the wires last minutes, via Reuters, making his scheduled speech in Parliament.

Key Points:

Cryptocurrencies are mostly used for speculative investing.

Cryptocurrencies should be called crypto assets.

Cryptocurrencies like bitcoin not seen as currencies.

Japanese economic fundamentals, company profits are strong.

Risk off sentiment in the US lead to stock falls.

Will continue to closely monitor developments in markets.

Financial market moves can have an impact on the real economy.

Japan's economy needs the BOJ to continue current policy.

Bank of Japan still a long way from price target.

Japan economy needs persistent monetary easing.