Saxo's Heads of Macro and Forex Strategy go head to head to discuss the benefits and downsides of Japan's current economic strategy. Mads Koefoed says "Abenomics" have boosted sentiment and consumer spending. John Hardy, though, has concerns about volatility and whether confidence will be sustained.
The Nikkei index fell by nearly 4% on Wednesday as investors were largely unimpressed by Prime Minister, Shinzo Abe's latest plans on economic revitalisation.  The Yen rallied slighty towards the close of business.