• Fresh jaw-boning by Japan FinMin Katayama falling on deaf ears today

• Market quiet aside from some flows at holiday-affected Tokyo fix

• USD/JPY 159.44-66 EBS, tad better bid but essentially in stasis

• This despite Katayama promise to act decisively against FX volatility

• Katayama again also noted speculative moves in both FX and crude oil

• "To respond on all fronts" the new MOF mantra on FX action

• In other markets, Nikkei up, efforts to reopen Hormuz Strait tipped

• In JGBs, yields up to 27-year highs on inflation fears over Iran conflict

• Related comment , also

• On Katayama speak , on Nikkei , JGBs
USD/JPY hourly:


Yield on JGB 10s - daily:


Nikkei 225 daily:

(Haruya Ida is a Reuters market analyst. The views expressed are his own)