Ex-PBOC economists: Monetary policy should move toward tightening bias

Former PBOC economists were reported by Xinhua, as saying that the monetary policy should move toward tightening bias.

They suggested more Open Market Operation (OMO) rate increase, Xinhua reports.

NZ: Expect 0.4% rise in Q3 GDP, current account deficit to narrow to 2.5% of GDP - Westpac

According to Michael Gordon, Senior Economist at Westpac, the September quarter is likely to mark the weak point for New Zealand’s economic growth thi
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USD/JPY finds buyers again near 112.50, US retail sales in focus

The USD/JPY pair defends minor-recovery gains as we head towards early Europe, having stalled its post-FOMC rebound at 112.80 levels. USD/JPY meander
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