Nikkei: More Japanese Spending

Nikkei is reporting that Japan will roll out a fourth supplemental budget in fiscal 2011 that is expected above ¥2.5 trillion. About ¥740 billion is earmarked for lending to small businesses hurt by the strong yen.

Talk about yen intervention has died down but I suspect the MOF is active in the background, including today.

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access