The Traderszone Network

Volkswagen’s (VOWG_p.DE) top executives knew a year ago that some of the company’s cars were markedly less fuel efficient than had been officially stated, Sunday paper Bild am Sonntag reported, without specifying its sources. VW in early November revealed that it had understated the level of carbon dioxide emissions and fuel usage in around 800,000 cars sold mainly in Europe.

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BOJ gov still enjoying the sound of his own voice
– it’s wrong to think BOJ can wait until wages rise more in aiming to accelerate inflation
– BOJ can’t control wages but can help push them up
Eamonn had earlier comments and links to three other posts  

Data out a few moments ago
– annualized housing starts +862k vs +908k exp vs +900k prev
Also out
Construction Orders
– yy-25.2% vs +6.7% prev

USDJPY unfazed and continues to trawl along at 122.72 in a tight band

Comments again crossing the wires from kuroda:
– Price trends are moving towards improvement
– Sees changes in the way companies set prices
– If price trends change, BOJ will adjust policy
Earlier:

The critical difference between these two methods of recording income.

Currency investors should consider selling EUR/USD and buying
USD/CHF this week, advises Barclays Capital in its weekly FX pick to
clients.
Note via eFX
, Barclays’ rationale is as follows:

Forex news for Asia trading Monday 30 November 2015
Monday:
Sunday
If you’re just waking up as I post this and casting a bleary eye over the major currency rates you’d be excused for rolling back over for more more sleep muttering “A nothing day in Asia”. Can’t say I blame you … but … wait … I have one word for you: China.