Japanese finance minister out on the wires 25 April
- plans to submit extra budget to parliament by mid-May
- no plan to include extra economic stimulus measures
- sales tax to be raised as planned to maintain confidence
So no new measure from the govt but will the BOJ step up to the plate this week? The jury remains out.
As indeed it does on USDJPY which trades at 111.17 with good demand noted into 111.00 still.
Aso - Extra budget but no extra easing measures