Speaking about the economic stimulus package likely to be announced by the Japanese government, PM Shinzo Abe said that economic stimulus package is comprehensive and preemptive.
Meanwhile, USD/JPY is challenging highs near 109 levels, lifted by the increased expectations of a US-China trade deal, in the face of the recent comments by the Chinese Commerce Ministry.
- Sources: Japan Govt to say $240 bln econ package to lift GDP by 1.4% – Reuters
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