Japan’s Cabinet office approved a record-high budget worth JPY106 trillion for fiscal year (FY) 2021-22 on Monday, Reuters reported, citing a draft of the budget. Key details Japan approves new record budgets for the ninth straight year. New bond issuances will jump JPY11 trillion to JPY43.60 trillion. 41% of the budget will be funded by debt, up from circa 32% this fiscal year. Japan sets record $52 billion military budget with stealth jets, long-range missiles. Market reaction USD/JPY extends its recovery towards 103.50, underpinned by a solid US dollar comeback across the board amid risk-on market mood. The renewed coronavirus concerns overshadowed the US fiscal deal optimism. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Dollar Index Price Analysis: DXY bulls battle seven-week-old resistance line FX Street 1 year Japan’s Cabinet office approved a record-high budget worth JPY106 trillion for fiscal year (FY) 2021-22 on Monday, Reuters reported, citing a draft of the budget. Key details Japan approves new record budgets for the ninth straight year. New bond issuances will jump JPY11 trillion to JPY43.60 trillion. 41% of the budget will be funded by debt, up from circa 32% this fiscal year. Japan sets record $52 billion military budget with stealth jets, long-range missiles. Market reaction USD/JPY extends its recovery towards 103.50, underpinned by a solid US dollar comeback across the board amid risk-on market mood. The renewed coronavirus concerns… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
