Japan's Abe plans to fire a G7 version of his "3 arrows" - Kyodo

Speaking to reporters in Italy, Japanese PM Abe was reported by Bloomberg, originally posted by Kyodo, saying that he plans to fire a "G7 version of his "three-arrows" programme and send a clear message to the world.

While with regard to the timing of sales tax hike, Abe says he wants to discuss how G7 members view the global economy and review the issues raised at panels held since March.

EUR/GBP around 0.7850 on PMIs, Draghi eyed

EUR/GBP is recording moderate gains at the beginning of the week, retaking the mid-0.7800s after bottoming out near 0.7730 last week...
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