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Japan's Motegi expects economy to continue moderate recovery ahead

Comments from Japanese economy minister Motegi are crossing the wires via LiveSquawk-

  • Expect the economy to continue moderate recovery ahead. 
  • To compile an extra budget for Fy2017/18 to respond to additional fiscal demand.
  • Need to secure trend of economic recovery.
  • Domestic demand weakened due to temporary bad weather, but recovery is continuing on average.
  • Japan nominal GDP at record JPY 546 trillion.

Japan Gross Domestic Product Deflator (YoY) in line with expectations (0.1%) in 3Q

Japan Gross Domestic Product Deflator (YoY) in line with expectations (0.1%) in 3Q
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USD/CNY fix projection: 6.6302 - Nomura

Analysts at Nomura offered their model projections for USD/CNY. Key Quotes: "Our model1 projects the fix to be 97 pips lower than the previous fix (
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