Major overnight headlines:
• Japan PM Abe plans special economic zones in third arrow of his econ revitalization plan
• Japan Fin Min Aso raises possibility of market frictions with BOJ’s bold easing
• Japan Econ Min Amari: Forex is having ‘complicated’ movements. JPY weakened, stocks rose extremely quickly. Correction phase natural for weak Yen, high stock prices
• RBA: Sees scope for further easing. Commodity prices have declined from peaks but remain historically high. A$ remains high considering decline in export prices, despite recent depreciation.
Read full report: FX Daily
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