Japan's Abe praising Kuroda's achievements - Nomura

Over the weekend, Prime Minister Abe praised Governor Kuroda’s achievement and repeated that nothing was yet decided on the appointment. 

Key Quotes:

"We think it most likely that Governor Kuroda is reappointed, but uncertainty regarding the decision will likely encourage the BOJ to stay quiet for the time being, even after the recent positive developments in inflation expectations."

"The scheduled spring wage negotiations from March onwards are another reason for the BOJ to maintain its current accommodative policy for now."