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Japan’s Abe to make decision 1 June on whether to call snap election
NTV reporting that Japanese PM Abe will meet with press on 1 June
– may also announce delay of sales tax hike
Will stop the conjecture on two pressing matters if he does.
BOJ’s Kuroda says they will add stimulus if needed
BOJ governor Kuroda speaking in parliament 24 May 2016
– will add stimulus if factors in fx risk, CPI goal
– declines to comment on sales tax
– sustainable finances needed for growth
You can guess the rest too.
Forget Brexit – the real question is do you want a free $2500 a month?
Coming up on June 5 in Switzerland …. a referendum on giving avery adult in Switzerland a guaranteed basic income of 2500CHF a month
– Those in work and earning less than that would have their pay topped up. Those out of work would be handed the full…
ForexLive Asia FX news wrap: Risky Business Revisited
Forex news for Asia trading Wednesday 25 May 2016
‘Risk’ was the word on everyone’s lips today in Asia, with regional stocks looking up & yen looking down (for a while anyway). USD/JPY traded up above 110.10 but has since dipped back under 110.
Morning News Call – India, May 25
To access the newsletter, click on the link:
FACTORS TO WATCH
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Aussie press: ANZ says fading AAA allure could send $A towards US50¢
An article in the Australian Financial Review today on ANZ warning of AUD risks if the AAA is lost
ANZ FX strategist Daniel Been:
– AUD remains overvalued, higher than fundamentals would normally allow
More at the AFR, here, which may be …
Chicago Agriculture Commodities Finished Mixed
Chicago Agriculture Commodities Finished Mixed $WEAT, $CORN, $SOYB Chicago Board of Trade (CBOT) Wheat rebounded a bit Tuesday, Corn retreated and Soybean fell on a stronger USD. The most active Corn contract for Jul delivery was down 0.25 cents, or 0.06%, to close at 3.975 bu. Jul Wheat delivery added 2 cents, or 0.43%, to […]
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Penguins beat Lightning to force Game 7
BOJ Kuroda: Economy recovering but consumption lacks strength
Exxon says crude output from Indonesia’s Cepu block could reach 200,000 bpd
JAKARTA, May 25 (Reuters) – Crude oil output from Exxon
Mobil’s Cepu block in Indonesia could reach 200,000
barrels per day (bpd) up from 185,000 bpd at present, if the
government approves an…
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