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Japan's Aso: fiscal reform target remains unspecified

Japanese Finance Minister Taro Aso fielded questions about Japan's planned fiscal reform projects looking forward, but specific answers remain frustratingly elusive.

Key highlights

Aso cannot answer questions about the timing of new reform targets.

New sales tax to be implemented next year, along with other adjustments to come.

Final sales tax reform expected for 2020.

Further measures and reforms are needed and expected, but timing and specifics are undecided.

PBOC set the Yuan reference rate at 6.3674

The People's Bank of China (PBOC) set the Yuan reference rate at 6.3674 vs previous day's fix of 6.3584.
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Australia Retail Sales s.a. (MoM) below expectations (0.3%) in March: Actual (0%)

Australia Retail Sales s.a. (MoM) below expectations (0.3%) in March: Actual (0%)
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