Volatility in European Markets Remains Calm

The transcript discusses the current state of the FX market, highlighting the complacency and range-bound nature of the Euro due to various economic factors like monetary policy divergence and Brexit. It also examines the bond market's reaction to yield curve movements and the potential impact of the Bank of Japan's decisions on global markets. The challenges faced by central banks, particularly the BOJ, in communicating their strategies amidst negative rates and flat yield curves are also explored.

Discuss the challenges faced by the Bank of Japan in achieving its inflation targets.

What does the current flat yield curve indicate about inflation expectations in the market?