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ECB mulls negative rates as Europe’s economic crisis deepens

ECB mulls negative rates as Europe’s economic crisis deepens

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Pete Jackson
07/12/2012 | 05:14 GMT
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Japan warned it may take “decisive” FX action if speculative moves persist, with USD/JPY above 160 prompting intervention risk as officials step up rhetoric and yen stabilises.

Japan warned it may take “decisive” FX action if speculative moves persist, with USD/JPY above 160 prompting intervention risk as officials step up rhetoric and yen stabilises.
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Bank of Japan Governor Ueda says will closely watch FX moves (USD/JPY drops) Ueda acknowledges that the weak yen can raise inflation (of course)

Bank of Japan Governor Ueda says will closely watch FX moves (USD/JPY drops) Ueda acknowledges that the weak yen can raise inflation (of course)
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Trump says negotiations with Iran going extremely well, might get a deal soon, or not Thinks will make a deal pretty soon, or its possible that we won't. Yes, he really said that.

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BoJ leans toward further hikes but flags oil-driven stagflation risks This reinforces a gradual tightening path for the BoJ.

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