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NZ FinMin Robertson: Underlying economic indicators are good

New Zealand’s Finance Minister Grant Robertson was on the wires earlier today, via Reuters, providing the bi-annual updates on the economic outlook,

Underlying economic indicators are good.

Drop in business confidence not unusual, reflects the change of government.

USD/JPY fades a spike to 109.09

The Bank of Japan (BOJ) increased the purchases of bonds maturing in 3-5 years by JPY 30 billion, but the resulting Yen weakness was transient. USD/J
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Alert - Aussie-US 10-year yield spread hits 17-year low

The Aussie dollar is close to losing its "high yielding currency" status. The spread or the difference between the 10-year Aussie government bond yie
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