Halister News

(Bloomberg) -- USD/JPY leads dollar gains among G-10 peers as Japan stocks rally 4.1% after PM Abe secures upper house win and Nikkei reports that Abe will order a stimulus tomorrow.

• 30-year Treasury yield extends record low to 2.0882%; 10- year yield steady at 1.366%
• BBDXY up 0.08% to 1,187.29
• USD/JPY up 0.5% to 101.07 vs 100.31-101.09 range
  • Abe to order stimulus on July 12, Nikkei reports, without attribution; Abe may consider additional JGB issuance, it adds
  • Pressure on BOJ’s Kuroda to expand monetary policy has eased up following victory for PM Abe in Upper House election: BTMU
  • Abe’s election victory means more govt bonds for BOJ to buy: CBA
  • Leveraged funds raised their net JPY long positions to highest since December 2011, CFTC data shows
  • Election results “sweet Spot” for economic reform, says Morgan Stanley MUFJ Securities
• AUD/USD steady at 0.7569 vs 0.7541-0.7573 range
  • PM Turnbull declares victory, even as it remains unclear if his Liberal-National coalition has enough seats to form a majority government
  • Options expiring today include 0.7550 strikes for A$442m
• NZD/USD down 0.3% to 0.7285 vs 0.7281-0.7313 range
  • RBNZ says it now relies less on single decision-maker model
  • Retail card spending rises the most in 13 months
• GBP/USD steady at 1.2954 vs 1.2928-1.2966 range; BOE rate decision due this week and economists are split on outcome as a slim majority forecast a 25bps rate reduction
  • Carney poised to steady ship as BOE mulls cut to record- low rate; governor will testify in front of lawmakers on Tues.
  • Osborne heads to Wall Street as disarray roils U.K. politics
• EUR/USD little changed at 1.1048 vs 1.1034-1.1056 range
  • Bank of France’s Villeroy doesn’t see Brexit contagion
  • Options expiring today include 1.1100 strikes for EUR1.35b
• WTI, Brent crude futures decline; gold, copper rise