The Traderszone Network

Japan data
Housing starts for September: +2.6% y/y
– Expected +5.8%, Prior was +8.8%
Annualized housing starts 0.900m
– Expected is 0.936m, Prior was 0.931m
Construction orders -2.5% y/y 

Forex news for Asia trading Friday 30 October 2015
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A waiting day for the BOJ announcement, but a bit to chew on ahead of then.
NZ data started us off with another down showing for bulding permits, but then a good bounce for business confidence and activity (with the come-back from the lows for dairy prices immediately cited, but note that the survey provider, ANZ, reckon the bounce has more to it than that).

MONTREAL/QUEBEC CITY (Reuters) – Quebec’s $1 billion bailout for aerospace company Bombardier Inc (BBDb.TO) is meant to protect thousands of jobs in one of the province’s top industries, but risks worsening the finances of Canada’s most indebted province if it fails. The deal would give Quebec’s Liberal-run government a 49.5 percent stake in Bombardier’s troubled CSeries jet program, according to the announcement on Thursday, easing shareholder fears about the company’s future but triggering an outcry from taxpayer advocates and opposition politicians.

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I Just posted on the Nikkei
Its not being held back at all by the and headlines
fiscal
tax cut sought
USD/JPY joining in now:

The Bank of Japan kept its asset purchase program steady on Friday, confounding some economists who expected new stimulus.

Here’s an interesting one … Its a headline on Bloomberg, but quoting Reuters:
– Japan lobby group seeks corp tax cut to 30.88% in FY16
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I’ve been unable to find anything more on it as yet

Bloomberg with the headline from a Nikkei report:
– Japanese government considering an extra budget of more than 3tln yen
– Government says it won’t issue new JGBs for the extra budget
 
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