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  4. New BOJ governor nominee likely to be presented to parliament Feb 10 -sources
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New BOJ governor nominee likely to be presented to parliament Feb 10 -sources

By Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) -The Japanese government is likely to present its nominees for the next Bank of Japan (BOJ) governor and two deputy...
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New BOJ governor nominee likely to be presented to parliament Feb 10 -sources © Reuters. FILE PHOTO: A man walks past Bank of Japan's headquarters in Tokyo, Japan, June 17, 2022. REUTERS/Kim Kyung-Hoon

By Yoshifumi Takemoto and Leika Kihara

TOKYO (Reuters) -The Japanese government is likely to present its nominees for the next Bank of Japan (BOJ) governor and two deputy governors on Feb. 10, four government and ruling party officials with knowledge of the matter told Reuters.

There is a chance the date could be pushed forward by several days depending on developments in parliament, which convenes on Jan. 23, one of the officials said on condition of anonymity due to the sensitivity of the matter.

The nominees, if approved by both houses of parliament, will succeed BOJ Governor Haruhiko Kuroda and his two deputies, Masayoshi Amamiya and Masazumi Wakatabe.

Kuroda's term ends on April 8, while those of Amamiya and Wakatabe expire on March 19.

The choice of the new BOJ leadership will be key to how quickly the central bank could phase out its massive stimulus programme as inflation perks up and prospects of higher wages increase.

People seen by markets as top candidates for the BOJ governor post include incumbent deputy Amamiya, as well as former deputy governors Hiroshi Nakaso and Hirohide Yamaguchi.

Approval of the nominees is a near certainty given the ruling coalition's majority in both chambers of parliament.

The nominees for top administrative posts, such as BOJ governor and deputy governors, are traditionally summoned to parliament to testify on their views on monetary policy and answer questions from parliament.

The current plan is for the lower house to conduct the hearings of the BOJ nominees on Feb. 16-17, and the upper house on Feb. 20-21, the officials said.

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01-05-2024 10:45:17 (UTC+7)

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EUR/USD

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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EUR26.475,3627.949,19
GBP30.873,5232.211,36
JPY156,74166,02
KRW15,9219,31
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