Japan's Econonic Minister Amari: Favourable situation towards beating deflation

FXStreet (Bali) - Japan's Econonic Minister Amari is crossing the wires, via Reuters, noting that the GDP deflator shows favourable situation towards beating deflation, adding that he expect firm private demand-led economic recovery ahead. Amari also said that he hopes wage hikes will materialise this year. Amari also mentioned that Q4 GDP growth was due to private consumption backed by improving job market, exports to US and China.

EUR/JPY: Risks to the downside increase - FXStreet

EUR/JPY is recovering after a stop loss run below 135.00, and following a lower-than-expected Japanese Q4 GDP read, with Valeria Bednarik, Chief Analyst at FXStreet, noting that the risk ARE increasing towards the downside should an agreement with Greece not be reached today.
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Australia New Motor Vehicle Sales (MoM) fell from previous 3% to -1.5% in January

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