OECD Head Gurria: Japan should raise the sales tax as planned

OECD Chief Mr. Angel Gurría was on the wires earlier today via Bloomberg, noting that the Japanese government should hike the sales tax rate as planned.

Key Quotes:

Japan should raise the sales tax as planned

10% not high enough, should be at least 15%

BOJ’s Harada: Japan prices do not appear to be rising

The Bank of Japan (BOJ) board member Yutaka Harada crossed the wires via Reuters last minutes, sounding less optimistic about the Japanese inflation o
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EUR/JPY: Bulls in command, 124 back on sight

The persisting risk-on market profile boosted the risk currency US dollar across the board, aiding the recovery in EUR/JPY for the second straight ses
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