Fx Primus Rebates

Japan’s Cabinet office – upgrades view on capex ahead

Monthly report on the economy released,  – leaves unchanged its overall assessment that the economy (recovering at a moderate pace) – upgraded its assessment of capital expenditure (first time in nine months) The upgrade to business spending is the noted change in the report. Its has been rising (we got more evidence fo this yesterday,…

Fx Primus Rebates

USD/JPY tackling112 big figure

USD/yen quietly having a push higher as Tokyo forex desks get active 112 has been a bit of a focus, though apart from a big obvious round number I am not sure how important the level is? (Happy for some feedback on this)

Fx Primus Rebates

RBA only seen raising cash rate in Q4 2019 – survey

According to Bloomberg’s latest survey of economists economists saw the central bank moving in Q2 2019 But as long as persist, the RBA is going to struggle to raise rates even in 2019. Hence, we may see the same calls being pushed back further into 2020 should inflation continue to stay in limbo while wage…