Japan Finance Minister Aso: Chinese slowdown clearly affecting weaker export data

Japan Finance Minister Aso was crossing the wires and said that a Chinese slowdown clearly affecting weaker export data, adding:

  • In Japan, wages and jobs situation have been improving.
  • Domestic fundamentals in Japan are not bad.
  • Right now do believe economy can withstand tax increase.

 

Australia’s key wages measure is out, softer than expected by 0.1% Q/Q, watched by the RBA (AUD is softer on the release)

Australia’s key wages measure has been released which is the wage price index, for Q1. Earlier, analysts at Westpac Banking Corporation explained that
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AUD/JPY remains largely unfazed at 76.00 after Australia’s wage data

AUD/JPY trades near 76.00 after the quarterly wage price data from Australia added weakness into the Australian Dollar (AUD) on early Wednesday.
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