G3 CURRENCIES TIGHTLY RANGE-BOUND] The upcoming announcement of
the new Japanese economic stimulus package and the release of February
non-farm payroll in the U.S. were the main focus of the market. Also
putting a damper on price action was options-related trading in
dollar-yen.
* [ASO: GOVERNMENT LIKELY TO LOWER ECONOMIC ASSESSMENT]Japanese
Minister for Economic and Fiscal Policy Taro Aso reportedly said the
government will probably have a more severe assessment of the economy in
March than in February. He also dismissed the use of a weaker yen to
boost the economy on the view that it leads foreign investors to sell
Japanese stocks
* [MIYAZAWA APOLOGIES FOR CHOICE OF WORDS THURSDAY] FinanceMinister
Kiichi Miyazawa reportedly said that his comment to the Parliament that
the Japanese finances was close to collapse was 'inappropriate'. He
added that he meant that the pressure to implement fiscal reform is
Такое достаточо оптимистичное заявление сделал вчера член FOMC навыступлении в Лондоне. Он оговорился, что экономика еще не достигоадна. однако он не сомневается. что во второй половине года начнется ееполное восстановление.