• DPJ calls on govt to prioritise spending on generating growth, ending deflation
  • Calls on govt to prioritise spending on creating jobs, achieving campaign promises
  • Will accept “natural rise” in social welfare costs in next fy budget requests

Meanwhile USD/JPY has steadied, aforementioned buy orders at 86.30/40 enough to absorb the early selling pressure. From session low 86.35 we’re back up at 86.55.