Japan's Cabinet Update : Japan Cabinet approves fiscal year 2018/2019 budget

Japan's Cabinet Update : Japan Cabinet approves fiscal year 2018/2019 budget - record $860 billion spend.

Japan cabinet approves FY2018 budget of ¥97.7T, up 1.3% from the prior year.

Budget includes record ¥5.2T in defense spending amid tentions with N.Korea.

Impact : Strong 

Sentiment : Good for JPY

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