Japanese PM Abe stresses on Wage gains

FXStreet (Mumbai) - Japanese PM Shinzo Abe on Friday said the key to expanding the virtuous economic cycle is wage gains.

PM Abe stressed the importance of implementing Abenomics across regions. Japanese Finance Minister Aso was also on wires, stating that the virtuous economic cycle is certainly emerging.

Investors await BOJ press conference, where governor Kuroda is likely to clear his views on the JPY exchange rate. Earlier today, the Bank of Japanese kept key policy instruments unchanged.