• Including support to small firms and regional economies
  • Private consumption is stalling despite positive moves emerging in economy
  • Will quickly ready support for small firms hit by fuel costs

Abe now speaking in Tokyo

USD/JPY up to test 117 as Abe confirms that stimulus is on the way. Let’s hope the market isn’t disappointed with what comes or we’ll be heading on a fast trip south.

Lots of comments coming in from various sources and newswires now

  • Abe orders Amari to start preparing stimulu – CAO
  • Japan cabinet distributes Abe’s order on stimulus – BBG
  • Abe tells cabinet to draw up stimulus – Kyodo