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Japan Econ Min: Falling oil prices positive for the economy

FXStreet (Bali) - Japanese economic minister Amari is crossing the wires, via Reuters, noting that falling oil prices is a positive event for Japan's economy.

Headlines

Stable energy prices, FX rates are desirable

Falling oil prices are positive for japan economy although they weigh on consumer prices

Declines in oil prices to half their peak level will add around 7 trln yen to Japan economy

AUD/USD breaks into fresh weekly highs

AUD/USD has popped up to print a new weekly high at 0.8138, following a softer-than-expected Australian retail sales, and ahead of Chinese CPI.
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