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Japan's Yamamoto: Will work to implement growth strategy in 3rd arrow

Kozo Yamamoto, newly appointed Japanese Regional Economy Minister in PM Abe's Cabinet yesterday, crossed the wires last minutes via Bloomberg, commenting on the inflation outlook.

Key Quotes:

“Will work to implement growth strategy in 3rd arrow”

“After getting price target, Japan needs wage target”

“Want the BOJ to act quickly to achieve 2% inflation”

“Will use policies to reach 1% inflation the middle of next year”

Asian stocks trade mixed, Nikkei 225 back in the red

The Asian stock markets staged a rebound this Thursday, after having posted the worst decline in five weeks. However, the recovery was short-lived as
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AUD/NZD trims gains as Kiwi rebounds, Australia data disappoints

AUD/NZD cross is losing height, now trading marginally positive on the day around 1.0605 as the bid tone around NZD gathered pace, while Aussie retail
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