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Japan’s LDP Chief Kishida: Agreed with PM Abe to offer 300,000 yen in cash payments per household

Fumio Kishida, Chairman of Japan’s ruling party, Liberal Democratic Party (LDP) said he has agreed with PM Shinzo Abe to offer 300,000 yen in cash payments per household that suffers a certain degree of income declines from coronavirus pandemic.

No further details are reported about the same.

USD/JPY keeps its below 108.00

Having failed to sustain above the 108 handle in Asia, USD/JPY keeps its range play intact below the latter, as the greenback consolidates the recent strength amid risk aversion ahead of the key US Non-Farm Payrolls data.

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