News Headline Summary

Japanese Government upgrades its monthly economic assessment for the first time in 8 months

Says:

- Some parts of economy showing signs of bottoming out.
- Expects BoJ to take bold steps to achieve 2% inflation.
- BoJ says economy remains relatively weak.
- BoJ says the economy is expected to be flat for a while.

Reaction details:

- No immediate reaction seen in USD/JPY, trades 88.49 (-21 pips) last.

Print 04:56, 23 Jan 2013 - Asian News - Source: Newswires