Pragmatic Ueda Would Be 'Good Pick' for BOJ Governor, Says MUFG's Halpenny

The transcript discusses the potential nomination of Ueda San as the BOJ governor, highlighting his academic and pragmatic nature. It explores market reactions to his past comments, which include both hawkish and dovish views, and the initial market response to his nomination, particularly its impact on the yen. The discussion concludes with the idea that Ueda San is a suitable choice for the position.

What was the initial market bias regarding yen strength or weakness?

What factors might influence the market's perception of Ueda San as a good pick?