24 September, 2015 by The TZ Newswire Staff Comments Off on BOJ’s Kuroda says Japanese CPI data, ex energy, is positive
BOJ’s Kuroda says Japanese CPI data, ex energy, is positive
BOJ gov on the wires after meeting with PM Abe
– discussed domestic and global economy with Abe
– Japan price trend is strong
– fall in core CPI due to energy prices
Kuroda refused to comment when asked about further easing from the BOJ saying he won’t comment on specific monetary policy moves
24 September, 2015 by The TZ Newswire Staff Comments Off on PBOC intervenes to support the yuan
PBOC intervenes to support the yuan
Timed to prop up the currency while president Xi is in the US
Bloomberg reporting from sources who say the central bank sold USD in onshore and offshore markets and that they will continue to do so in the short term to avoid sharp fluctuations
24 September, 2015 by The TZ Newswire Staff Comments Off on Nikkei reports Japan ruling party leaders to meet today to discuss reduced tax rates
Nikkei reports Japan ruling party leaders to meet today to discuss reduced tax rates
Natsuo Yamaguchi, the head of New Komeito, governing coalition partner of the LDP will meet with PM Abe today
– To discuss tax rates
Just a heads up
24 September, 2015 by The TZ Newswire Staff Comments Off on PBOC adviser says too much stimulus may add to private sector costs
PBOC adviser says too much stimulus may add to private sector costs
Bloomberg with the headline
Comments from People’s Bank of China adviser Bai Chongen
(I wonder if his wife calls him bae?)
24 September, 2015 by The TZ Newswire Staff Comments Off on Flash-Crash Trader Faces Fight to Stop Extradition to the U.S.
Flash-Crash Trader Faces Fight to Stop Extradition to the U.S.
Navinder Singh Sarao is used to fighting other traders on the stock markets. The 36-year-old faces a much tougher battle Friday when his lawyers try to convince a London judge he shouldn’t be extradited to the U.S. to face criminal charges.
24 September, 2015 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news wrap: Yellen gives us a concern at the end of her speech
ForexLive Asia FX news wrap: Yellen gives us a concern at the end of her speech
Forex news for Asia trading Friday 24 September 2015
Federal Reserve chair Janet Yellen speech and health scare:
Japan (CPI today, and more):
Bank of England
24 September, 2015 by The TZ Newswire Staff Comments Off on China stocks-Shanghai Composite closes down 1.7% for the lunch break
China stocks-Shanghai Composite closes down 1.7% for the lunch break
Its been a softer day so far for Chinese stocks, with an afternoon session still to come
Note, it’s a holiday in China on Monday (also in Taiwan and HK)
The weaker China market seems to be weighing on EUR and CHF today, both are near their session low as I update. USD/CHF in particular looks on the strong side.