Japan’s Suzuki: Tomorrow, a stimulus package will be decided

Japan’s Finance Minister Shunichi Suzuki said that “tomorrow, a stimulus package will be decided.”

“Today, we are still deciding on stimulus measures,” he added.

"Japan is considering spending more than JPY29 trillion on stimulus measures, the country’s national broadcaster, NHK, reported.

Market reaction

At the time of writing, USD/JPY is losing 0.18% on the day to trade at 146.08. All eyes remain on Thursday’s US advance Q3 GDP data and the Bank of Japan (BOJ) monetary polciy decision due on Friday.