Japan govt won't issue deficit-covering bonds to fund stimulus package – Nikkei

Dhwani Mehta FXStreet

The Nikkei Asian Review, a Japanese daily, reports fresh headlines, citing some details on the Japanese economic stimulus package likely to be announced this Thursday.

Key Headlines:

Japan govt won't issue deficit-covering bonds to fund stimulus package.

Japan govt to mobilize construction bond, unused money from FY 2018 budget, fiscal investment and loan programme to secure necessary funding.

Japan PM Abe: Japan is in the final stages of preparing economic stimulus package

Meanwhile, USD/JPY holds the higher ground near 109.15, consolidating the recovery from four-day lows of 108.93 ahead of the EU open.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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