Japan’s Suga: It’s not true that Govt is considering helicopter money

Japanese chief cabinet secretary Suga is out on the wires, denying the chatter that the government may be considering helicopter money to revive its economy.

Key Quotes:

it’s not true that govt is considering helicopter money

The BOJ is considering what monetary policy steps are desirable

EUR/USD trades comatose in Asia below 200-DMA

EUR/USD is trading comatose well below the 200-DMA level of 1.1092 levels after having failed to take out the post NFP highs in the North American ses
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Fed’s Mester – Gradual rate hikes appropriate

Cleveland Fed head Loretta Mester, while speaking at a conference in Australia, reiterated her view that gradual rate hikes are still appropriate and
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