Japan's Yamamoto: Economy will not recover if sales-tax delay is just for show

Senior Japanese Liberal Democratic Party legislator and adviser to PM Shinzo Abe, Kozo Yamamoto, was once again on the wires making his speech in the Japanese parliament.

Key Quotes:

Continued uncertainty has large negative impact

Fiscal plan is same as effective 2-year delay of tax

EUR/USD stuck in tight range near 1.1200

The EUR/USD pair traded around a flat-line almost through the Asian session, and now flirts with 1.12 handle as we head towards early Europe.
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China: Sticking to its apparent soft USD peg? - Rabobank

Michael Every, Head of Financial Markets Research at Rabobank, suggests that it will be interesting to see if China is really willing to see a shift back
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