Japan govt downgrades growth expectations for 2014

FXStreet (Bali) - The Japanese government estimates real GDP growth of 1.2 pct in fy 2014/15, vs previous forecast of 1.4 pct, according to cabinet office, via Reuters.

Other headlines included:

- Japan govt estimates real gdp growth of 1.4 pct in fy2015/16

- Japan govt estimates overall cpi yr/yr increase excluding sales tax at 1.2 pct in fy2014/15, unchanged from previous forecast - cabinet office

- Japan govt estimates overall cpi yr/yr increase excluding sales tax at 1.8 pct in fy2015/16 - cabinet office

- Boj offers to lend y200 bln of jgbs on spot basis through 7/23 as a secondary source of jgbs (offer in the morning)

China CB Leading Economic Index increased to 1.3 in June from previous 0.7

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RBA Stevens refrains from talking about AUD level

Reserve Bank of Australia Governor Stevens is crossing the wires, via Reuters, with no comments on monetary policy nor the Australian Dollar in his speech.
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