Qantas rating cut to junk status by Moody's

FXstreet.com (Bali) - Moody’s rating agency decided on Wednesday to cut QANTAS rating to junk status, citing "increased competition from Virgin in the domestic market, structural issues and Qantas’ business risk and financial leverage to remain at elevated levels and inconsistent with an investment grade rating."

Jan 9, 2014

Will Japan's new tax-free accounts stimulate risk appetite?

Will Japan’s household wealth be finally put to work in riskier assets? The set-up of the Nippon Individual Saving Accounts or NISA, officially established on Monday, is a tax-free system designed to stimulate Japanese savers on taking braver.

Flash: RBA watching closely today's Aus data - Westpac

In the Asian session, we will see two data releases the RBA is likely to be watching for signs of further response to low interest rates, notes Sean Callow, FX Strategist at Westpac.