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Japan's Aso: Extra stimulus measures not needed

Japan's Finance Minister Aso on Friday ruled out extra stimulus despite mounting concerns of the negative impact of the sales tax hike, due later this year. 

Key point

The government is not considering any new economic measure. 

Swift passage of the budget is preferable to any new measures.

USD/JPY: Technical Analysis: Daily Ichimoku Cloud long-entry set-up in development; target 113.60/114.20

The four criteria should be as follows:  Price must close above the Cloud. Cloud ahead must be bullish (green). Conversion Line is greater than t
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