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Goldman Sachs: Pay attention to the interest rate hike stance of Bank of Japan Governor Ueda Kazuo and his views on the yen

Investors are now waiting for Kazuo Ueda, BoJ governor, to hold a press conference later in the day to see if his stance on seeking further rate rises has changed, following a widely expected BoJ decision to keep interest rates on hold. "As the Federal Reserve moves towards looser monetary policy, some market participants are eager to see if there is any change in this stance," Goldman Sachs analysts said in a research note. They added that Mr. Ueda's views on the impact of the recent yen appreciation on the economy and prices were also worth watching. (Kim Ten)