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25 Sep 2017

Sources: Japan PM Abe to order JPY 2 trillion economic stimulus package - RTRS

Reuters quoted sources familiar with the matter, noting that the Japanese PMI Shinzo Abe to order 2 trillion yen stimulus package to increase spending on child care and education.

The Yomiuri Shimbun, a Japanese newspaper, reported earlier today, via Bloomberg, Japan’s PM Abe wants a JPY 2 trillion economic stimulus package.

The USD/JPY pair remains strongly bid around 112.35 levels, having posted daily tops at 112.52 levels at Tokyo open.

Meanwhile, focus now remains on a press conference from Abe on the snap election.

Sep 25, 2017

Electronic spot Gold slide in Asia to 1289.46 the low, stabilizing back to 1293 from 1297.05 open

Gold consolidated in a relatively wide range throughout the European, London and American closing sessions on Friday between a low of $1,293.38 and a
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Sep 25, 2017

German industry group calls for quick coalition

BDI - Federation of German Industries has is calling for a swift coalition deal to form a new government following Sunday’s parliamentary elections.
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