Halister News

(Bloomberg) -- Yields on 30- and 40-year Japanese government bonds fall to fresh low; nation’s All Industry Index likely rose 1.9% on-month in January, most since April 2011, according to median estimate in Bloomberg survey; BOJ Deputy Governor Nakaso says it is possible to cut rates further.

• China lowers yuan reference rate for second day; won’t use depreciation to boost exports: Premier Li; PBOC says media reports of governor Zhou encouraging individuals to invest savings in stock market were misinterpretations
• U.S. Treasuries little changed, with yield on 10-year bonds at 1.912% in Asian trading; data today should show U.S. Markit preliminary manufacturing PMI rose to 51.9 in March from 51.3 in February: Bloomberg survey
• Aussie advances after two-day drop against dollar; Australia’s fourth-quarter house price index rose 0.2% from previous quarter, least since third quarter 2012; U.S. says it voiced concern in 2015 about Australian statements on the desired direction of the exchange rate
• Kiwi snaps two-day decline against dollar; S&P affirms New Zealand’s AA foreign currency long-term rating and AA+ local currency long-term rating; outlook remains stable
• Rupiah drops for third day; Indonesia can resolve tax amnesty if parliament is too slow in approving law revision: Cabinet Secretary Pramono Anung
• Won recovers from earlier drop; South Korea’s domestic demand and exports show signs of improvement, but economic situation isn’t easy and government will preemptively respond to risks: Finance Minister Yoo; North Korea fired short-range projectiles off east coast yesterday, according to South Korea
• Taiwan’s dollar advances; island’s unemployment rate was 3.94% in February, highest since August 2014; median estimate was 3.93%