Market Comment | Japan’s fiscal package triggers positive mood ahead of FOMC meeting.
Published on Wednesday, July 27, 2016
Market Comment | Japan’s fiscal package triggers positive mood ahead of FOMC meeting.
Summary
Global risk appetite increased early this morning on the back of the hint of a sizeable fiscal boost by the Japanese government. Prime Minister Shinzo Abe today indicated that the amount of the fiscal stimuli could be around ¥28 trn (more than 5% of GDP), clearly above the market’s latest expectations (details will be announced […]
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BBVA Research
BBVA Research