News Headline Summary

For any Asia-Pac listeners joining us, there was an interview in the WSJ with the main opposition leader in Japan: "Japan's Abe Pledges More Spending to Curb Deflation"

- The frontrunner to become Japan's next prime minister said he would consider loosening some of Japan's fiscal discipline policies, in defiance of warnings by credit raters to curb borrowing by the world's most indebted government, suggesting instead more spending to help jumpstart growth.

Full interview:

Analysis details (22:30)

- The comments came out approx. 1 hour ago but had no reaction when they were released.
- USD/JPY currently trades 82.45 (-1 pip) last.

22 Nov 2012 - 22:26 - Forex - Source: WSJ

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