The Traderszone Network

21 March, 2017 by The TZ Newswire Staff Comments Off on BOJ’s Kuroda remarks on policy to the Diet

BOJ’s Kuroda remarks on policy to the Diet

Bank of Japan Governor Kuroda speaking in the parliament today

via Reuters

And, via Bloomberg:
– Cancelling debt would hurt the credibility of government debt

21 March, 2017 by The TZ Newswire Staff Comments Off on More on the (maybe) North Korean failed missile launch

More on the (maybe) North Korean failed missile launch

Kyodo news in Japan reported Nth Korea may have launched missiles earlier
Japan press: Nth Korea may have launched several missiles today
Bloomberg follow-up:

21 March, 2017 by The TZ Newswire Staff Comments Off on Wal-Mart unveils tech incubator, Store No. 8

Wal-Mart unveils tech incubator, Store No. 8

Wal-Mart unveils tech incubator, Store No. 8

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21 March, 2017 by The TZ Newswire Staff Comments Off on Perfect Example Of Why Job Losses From Minimum-Wage-Hikes Are Being Underestimated, ‘Bigly’

Perfect Example Of Why Job Losses From Minimum-Wage-Hikes Are Being Underestimated, ‘Bigly’

Over the past several months, we’ve highlighted a number of economic studies analyzing the potential negative impact, in terms of job losses, that may be expected to result from the state-mandated minimum wage hikes that are currently being implemented around the country.

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21 March, 2017 by The TZ Newswire Staff Comments Off on Japan trade surplus recap – exports up the most in 2 years

Japan trade surplus recap – exports up the most in 2 years

earlier and it includes the spoiler, literal spoiler to the data, that exports to China surged in the month with the lunar new year timing
The data is here
expand on this:

21 March, 2017 by The TZ Newswire Staff Comments Off on BOJ’s Funo: 2% inflation target remains, still some distance to go

BOJ’s Funo: 2% inflation target remains, still some distance to go

 Bank of Japan’s Yukitoshi Funo, Member of the Policy Board. Speaking at a meeting with business leaders in Shizuoka
Headlines via Reuters;
– Economy’s momentum for hitting 2% inflation remains in place

Funo saying 2% target likely to be hit in fiscal year beginning April 2018. Yeah, right.

21 March, 2017 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY mid-point today at 6.8889 (vs. yesterday at 6.9071)

PBOC sets USD/CNY mid-point today at 6.8889 (vs. yesterday at 6.9071)

I posted this earlier, worth checking out:
Overnight: “PBOC Said to Inject Funds After Missed Interbank Payments”
OMO’s today:
– To inject 50  bn yuan through 7-day reverse repos

A 90bn yuan injection into money markets, for a net 40bn injection after maturities roll off.