BoJ will deliver additional stimulus this week - ANZ

Philip Borkin, Senior Economist at ANZ, suggests that there is reasonable speculation the BoJ will deliver additional stimulus this week in perhaps a coordinated effort with fiscal policy.

Key Quotes

“But one thing certainly doesn’t look on the agenda (for now at least) – helicopter money. Reiterating a message from earlier in the month, he actually noted that ‘helicopter money’ is “forbidden in developed nations – including Japan”. That’s pretty clear cut!”

NZD/USD to target 0.67, based on a stronger US dollar - Westpac

Imre Speizer, Research Analyst at Westpac, suggests that a concentrated series of events (mostly RBNZ-related) has stung NZD bulls. Key Quotes “The
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EUR/JPY rejected near 117.00 in Asia

The overnight recovery in EUR/JPY cross faltered just shy of 117 barrier, sending the rate sharply lower towards the mid-point of 116 handle. EUR/JPY
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