Japanese govt now out officially with their latest forecasts 13 July 2016
- govt expects fiscal 2017 CPI at 1.4%
- cuts fiscal 2016 GDP to +0.9% vs +1.7% prev
Reuters had the exclusive preview yesterday which we brought you here
Lower forecasts support further stimulus so who's to say these weren't "massaged".
USDJPY 104.48 with yen-selling back in play across the board.
