Japan MOF, FSA, BOJ held meeting to exchange views on international capital markets -Govt official

Reuters quoted an unnamed Japanese government official last minutes, stating, the Japanese Ministry of Finance (MOF), Financial Services Authority (FSA) and the Bank of Japan (BOJ) held a meeting to exchange views on international capital markets.

China's RRR cut could lead to bank risks - Fitch

In a latest report published by Fitch via Reuters, the ratings agency noted that the recent RR cut by the PBOC could fuel increased lending growth by the Chinese banks, which would result in more bank risks.
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EUR/USD recovery falters once again near 1.0880

The EUR/USD’s recovery from four-week lows met fresh supply ahead of 1.0880 levels, sending the prices lower to hit fresh session lows.
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