Japan FinMin: Market worries of Japan’s fiscal state will ease once government reform framework released

• Will convey Japan’s experience in tackling fiscal debt in lead speech to G7

Earlier today rating agency Fitch warned that Japan’s sovereign credit worthiness at risk from rising government debt.

USD/JPY sits at 93.05, touch firmer from where we came in. Talk of buy orders lined up down at 92.50/70, sell orders still up at 93.40/50.