Category Archives: Uncategorized

Japan survey of firms – very few believe wage growth quicker than inflation achievable

Reuters Japan corporate survey: Only 7% of Japanese companies believe PM Kishida’s pledge to have wages grow faster than inflation is achievable 61% of japanese companies see no need for govt to take countermeasures against China’s excess production capacity more to come This article was written by Eamonn Sheridan at www.forexlive.com.

Forexlive Americas FX news wrap: Bank of Canada said future easing would likely be gradual

BOC Minutes: Governing Council considered waiting until July to cut ratesUS June NAHB housing market index 43 vs 45 priorCanada’s population continues to surge as it hits 41 millionECB’s Centeno: ECB will cut if disinflation process continuesCanada May Teranet house price index +0.5% m/mUS MBA mortgage applications w.e. 14 June +0.9% vs +15.6% prior Markets: […]

Czech central bank governor Michl wants to buy 60 tons of gold, ” gradual purchases”

Czech National Bank Governor Aleš Michl has outlined plans aimed at improving returns on its foreign-currency reserves. Over the next five years he plans to: boost the share of equity holdings in reserves to 30%boost gold holdings from currently around 40 metric tones to 100 Says the bank won’t try to time the market in […]