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BOJ’s Kuroda: Boost from stimulus package is very large

The BOJ Governor Kuroda is now crossing the wires, providing brief details about his meeting with the Japanese finance minister Aso.

Key Quotes:

Boost from stimulus package is very large

Current easing package lowers the yield curve

BOJ policy review will discuss how to hit price target

Don't think BOJ will shrink its policy after review

Ending deflation is a goal shared with the government

BOJ and govt will work together for the economy

Don’t want to comment on daily market moves

AUD/USD testing highs near 0.7570

The Aussie dollar has not only reverted the post-RBA drop, but has also pushed AUD/USD to print fresh daily highs in the vicinity of 0.7570. AUD/USD
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Hong Kong SAR Retail Sales fell from previous -8.4% to -8.9% in June

Hong Kong SAR Retail Sales fell from previous -8.4% to -8.9% in June
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