Japan stimulus decision expected next week – Bloomberg

Bloomberg is reporting that a decision on the size and content of the much anticipated fiscal stimulus in Japan is expected next week.

The Nikkei newspaper reported today that the plan is likely to include JPY 6 trillion of news spending, although only about JPY 2 trillion of that would be in a supplementary budget to be passed this year,

According to Kyodo news, the cabinet is likely to make the final decision on the stimulus on August 2.

USD/JPY off-weekly lows, but stays below 105.00

Having faced rejection at 105 handle, the USD/JPY pair dropped sharply to hit fresh weekly lows near 104.60 region, before recovering some ground on b
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China Press: There is room and expectation of reserve deposit ratio and benchmark interest rate cut from PBOC

An official from Securities Daily noted in an opinion article that there is room and expectation of a cut in the reserve deposit ratio and the benchma
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