Japan third-quarter corporate data was out earlier, the results are here:
Reuters have a recap of the data, and, as you’d expect, cite the impact of the pandemic:
- coronavirus hit private sector demand, keeping policymakers under pressure to deploy large stimulus to respond to the pandemic.
- To cope with the virus pain, ruling party lawmakers have sought an extra budget of 20 trillion-to-30 trillion yen ($190 billion-$290 billion) to fund new stimulus ordered by premier Yoshihide Suga.
USD/JPY is little changed on the session here, EUR/USD has bounced somewhat:
This article was originally published by Forexlive.com. Read the original article here.
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