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Abe’s aide Honda: Possible the BOJ acts this week

Latest comments from Japanese PM Abe’s aide Etsuro Honda crossed the wires via Bloomberg:

Wants the Bank of Japan to ease in H1

Possible the BOJ acts this week

BOJ may wait while it continues to assess the impact of its negative rates policy

Stock market and the yen are moving favourably recently
Better for BOJ to act now if it wants to be pre-emptive

PBOC injects 140bn yuan via 7-day reverse repos

As part of its open market operations, the People's Bank of China injected 140bn yuan via 7-day reverse repos today, according to traders.
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AUD/USD capped below hourly 50-SMA, awaits fresh impetus

The AUD/USD pair extends its consolidative phase into a second day this Tuesday, as the bulls remain on the back foot ahead of upcoming risk events from both continents.
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