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19 Dec 2016

PBOC’s Sheng: China will likely raise 2017 budget fiscal deficit to 3-4% of GDP

Bloomberg (via China Business News) now reports comments delivered from PBOC senior adviser and former head of statistics department Sheng Songcheng at a forum yesterday.

Key Headlines:

China unlikely to adopt a property tax in next several years

China will likely raise 2017 budget fiscal deficit to 3-4% of GDP

 China 2017 M2 rising up to 12%

Dec 19, 2016

Australia: MYEFO offered little new news on the fiscal front - TDS

Australia’s Mid-Year Economic & Fiscal Outlook (MYEFO) offered little new news on the fiscal front, expecting net debt to peak at -19% of GDP by mid-2
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Dec 19, 2016

USD/JPY hits fresh session low, inching closer to 117.00 handle

The USD/JPY pair traded with bearish bias on Monday as investors preferred to lock-in some profits following last week's strong up-surge in wake of ha
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