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Analyst: The Central Bank of Japan takes a tough stance, and the yen strengthens
On September 12th, Jin10 Data reported that the Japanese asset market reacted to the tough remarks made by Bank of Japan member Naoki Tamura. The 10-year Japanese government bond futures fell, the USD/JPY is currently holding steady, giving back some of its earlier gains, and the Nikkei 225 index is also reducing its gains. As analyst Mary Nicola pointed out earlier, the big pump in the stock market caused by the earlier depreciation of the yen may lead to more pain for Japanese stock market investors.