Japan policy adviser Takahashi - Economy doesn’t need stimulus package right now

Comments from Susumu Takahashi, a member of the government’s economic and fiscal policy council, crossing the wires via Bloomberg - 

  • The economy doesn’t need a stimulus package right now
  • There is no reason for a supplementary budget
  • Properly targeted spending within the regular budget is sufficient
  • I personally want the government to make firm progress on structural reforms

PBOC sets the Yuan reference at 6.7307

The People's Bank of China (PBOC) set the Yuan reference rate at 6.7307 vs. Wednesday's fix of 6.7529.
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