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25 Sep 2017
Sources: Japan PM Abe to order JPY 2 trillion economic stimulus package - RTRS
Reuters quoted sources familiar with the matter, noting that the Japanese PMI Shinzo Abe to order 2 trillion yen stimulus package to increase spending on child care and education.
The Yomiuri Shimbun, a Japanese newspaper, reported earlier today, via Bloomberg, Japan’s PM Abe wants a JPY 2 trillion economic stimulus package.
The USD/JPY pair remains strongly bid around 112.35 levels, having posted daily tops at 112.52 levels at Tokyo open.
Meanwhile, focus now remains on a press conference from Abe on the snap election.