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BOJ Summary of Opinions: Will take some time for inflation to accelerate

According to the BOJ Summary of Opinions from its January 30/31 meeting, it will take some time for inflation to accelerate, adding that concerns over the ability of the Central Bank to control its yield curve could grow. 

Additional headlines - via Reuters

CPI likely to rise due to tightening of output gap, less pressure from commodities prices

Very unlikely inflation expectations will increase significantly

Momentum toward 2 pct price target maintained but not sufficiently firm

BOJ should be prudent in changing monetary policy hastily

Japan Trade Balance - BOP Basis up to ¥806.8B in December from previous ¥313.4B

Japan Trade Balance - BOP Basis up to ¥806.8B in December from previous ¥313.4B
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USD/CNY fix model: Projection at 6.8996 - Nomura

Nomura's model projects the fix to be 392 pips higher than the previous fix (6.8996 from 6.8604) and 181 pips higher than the previous official spot U
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