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Japan’s PM Abe to hold a press conference on Monday

Wataru Takeshita, chairman of the ruling Liberal Democratic Party's (LDP) general council, told Bloomberg reported on Friday that the Japanese PM Abe will hold a news conference on Monday afternoon (Japan time).

He also said that Abe will meet the head of the LDP's junior coalition partner Komeito that afternoon.

Markets are speculating that Abe’s presser could be for some announcement on the snap election.

EUR/JPY drops below 1-hour 100-MA

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Having peaked near 1.3590 levels, the GBP/USD pair entered a phase of consolidation, as markets await the UK PM Theresa May’s speech for next directio
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