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Japan PM Abe’s close aide: “Did not mean to object to the tax hike”

Koichi Hagiuda, acting Secretary-General of Prime Minister Shinzo Abe’s Liberal Democratic Party (LDP), came out on the wires on Friday, clarifying that he was merely expressing his “personal opinion” and did not mean to object to the tax hike which he did not discuss with Abe.

However, he stressed the need to closely watch the upcoming tankan and other indicators to gauge the strength of the economy, Reuters reports.

On Thursday, the Japanese news agency, Kyodo News quoted Hagiuda, as saying that an October sales tax hike may be delayed depending on the Japanese economic data in coming months.

AUD/USD inches higher to 0.7160, but lacks follow-through

The AUD/USD pair picked up fresh bids and broke its Asian range trade to the upside, clinching fresh session highs near 0.7160 region, as the US dolla
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Italy Consumer Confidence below forecasts (111.2) in April: Actual (110.5)

Italy Consumer Confidence below forecasts (111.2) in April: Actual (110.5)
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