Halister News

(Bloomberg) -- JPY rises after Chief Cabinet Secretary Suga says there is no truth to a report the govt is considering helicopter money while Hamada says such move is risky gamble. GBP continues to rebound from Brexit slide.

• Fed’s Mester says every meeting is on the table; Brexit impact on economy hinges on dollar
• USD/JPY down 0.4% to 104.24 vs 103.95-104.88 range
  • Abe adviser Hamda says best to coordinate fiscal, monetary stimulus
  • Yen’s credibility will be adversely affected and the currency will weaken if Japan introduces so-called helicopter money, Yuji Kameoka, chief currency analyst at Daiwa Securities, says
  • Fiscal stimulus could be smaller than expected: JPMorgan
  • Japan’s National Pension Fund Association is expanding the investment scope for its fund managers to seek higher returns
• AUD/USD down 0.3% to 0.7602 vs 0.7585-0.7625 range
  • Australia’s policy uncertainty rises after election, Fitch says
  • BlackRock’s Miller says real risk Australia loses AAA rating
  • Aussie may test May high if jobs data beats expectations: Analysis
• BBDXY down 0.06% to 1,190.15
  • Treasury 10-year yield falls 3 bps to 1.486%
• GBP/USD gains 0.4% to 1.3294 ahead of BOE rate announcement tomorrow; pair reached 1.3338 session high, highest since July 4
  • GBP bought vs AUD, NZD in early Asia session, says trader
  • Carney opens Lehman playbook at BOE as rate cut eyed
  • Theresa May takes office as PM today as her most-watched act as U.K. prime minister will be naming a Brexit Tsar.
• USD/CAD up 0.2% to 1.3073 ahead of central bank rate decision
  • Bank of Canada seen holding rates at 0.50%, according to all 25 economists in Bloomberg survey
  • Sell NZD vs CAD on monetary policy outlook, says ABN Amro
• EUR/USD up 0.03% to 1.1064 vs 1.1054-1.1070 range
  • Options expiring on July 14 include 1.1025 strikes for EUR1.1b and 1.1000 for EUR1.06b
• NZD/USD down 0.5% to 0.7262 vs 0.7252-0.7303 range
  • Understanding low inflation is a strategic priority: RBNZ
• WTI, Brent crude futures fall; copper and gold rise