Fed’s Williams: There are some upside risks that we may hit our inflation target sooner

More comments coming in from Fed’s Williams crossing the wires via Reuters, as he continues his speech in Singapore.

Key Quotes:

There are some upside risks that we may hit our inflation target sooner

CPI has been looking good in the last couple of months

Still trying to make sure data is real and not a mirage

EUR/USD turns positive near 1.1200

A bout of selling pressure around the greenback is allowing EUR/USD to regain the positive territory and the 1.1200 handle...
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JPY: PM Abe dampens speculation of sales tax postponement - MUFG

Derek Halpenny, European Head of GMR at MUFG, notes that the PM Abe spoke in the Diet today and was clear that the government was not considering postponing the planned sales tax increase from 8% to 10% scheduled for April 2017, arguing that economic fundamentals were “sound” and that the best way to support growth was to address the fiscal situation.
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