News Headline Summary

The LDP's leader Abe says must defeat deflation and correct strong JPY for economy

Says:

- Special diet session may be called December 26th.
- Vows to protect Japan's territory and waters.
- No room for negotiations with China over Senkaku island.
- Will reinstate government council on economic council on economic and fiscal policy, which will sprearhead economic policy and be forum of talks with BoJ government.
- Plans a large scale supplementary budget.

Reaction details (00:08)

- No immediate reaction seen in USD/JPY, trades 84.13 (+60 pips) last.

17 Dec 2012 - 00:03 - Forex - Source: Newswires

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