- Japan's Shinzo Abe will hold a press conference at 5:10 ET, the government announced, fueling further speculation of a snap election and a delay to a second sales tax hike currently scheduled for next October.
- Nikkei newspaper reported earlier today that Abe was expected to seek an 18-month delay to the tax hike.
- The news was enough to pump stocks in Tokyo, which rebounded from their biggest one-day rout this year. The Nikkei benchmark closed up 2.2% at 17,344.06, after falling 3%, or 517.03 points, in the previous session.
- ETFs: DXJ, EWJ, DFJ, NKY, DBJP, EZJ, EWV, DXJS, JPNL, SCJ, JSC, ITF, JPP, JPNS, HEWJ, FJP, QJPN, JPMV, DXJT, DXJH, DXJR, DXJF, DXJC