Japanese Chief Cabinet Secretary Kihara says no immediate need for a supplementary budget
Kihara's statement indicates a stable fiscal posture from the Japanese government, which could support confidence in the economy.
US President Trump tells Chinese President Xi that they've had a fantastic relationship and they are going to have a fantastic future together, while he adds that he has such respect for China and tells everybody Xi is a great leader
Chinese President Xi tells US President Trump it is a pleasure to meet him in Beijing, while he has always believed that the common interests between China and the US outweigh the differences
Japanese Chief Cabinet Secretary Kihara says no immediate need for a supplementary budget
Japan considers drafting an extra budget, according to Kyodo
Chinese President Xi's welcome ceremony for US President Trump begins
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The absence of an immediate need for a supplementary budget may alleviate concerns about potential economic stimulus, keeping monetary conditions steady. This stance could influence market sentiment in commodities, especially metals, as fiscal measures often correlate with demand expectations.
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