Japan policy adviser Takahashi - Economy doesn’t need stimulus package right now

Comments from Susumu Takahashi, a member of the government’s economic and fiscal policy council, crossing the wires via Bloomberg - 

  • The economy doesn’t need a stimulus package right now
  • There is no reason for a supplementary budget
  • Properly targeted spending within the regular budget is sufficient
  • I personally want the government to make firm progress on structural reforms

NZD/USD volatility measures could spark profit taking

NZD/USD volatility measures could spark profit taking
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PBOC sets the Yuan reference at 6.7307

The People's Bank of China (PBOC) set the Yuan reference rate at 6.7307 vs. Wednesday's fix of 6.7529.
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