Results from the latest Reuters poll now published 18 July

So say 27 from 33 economists polled by Reuters between 6-17 July

  • inflation will accelerate gradually towards 1% later this year but will stall fall short both in fiscal year 2017 and 2018

In May core CPI rose 0.4% yy

  • BOJ to likely keep its 10year JBG yield target around 0% throughout next year but some expect the bank will raise it as far as 0.5% by later next year
  • BOJ's next move will be to pull back from ultra easy policy say 31 from 37 economist, most say later next year or year after

Meanwhile USDJPY 112.17 after testing 112.00. Immediate offers/res between 112.20-30 with larger interest into 112.50

BOJ's Kuroda to keep inflation target at 2%