Japan's Abe to name Nobuteru Ishimara as new economy minister

FXStreet (Mumbai) - Japan’s Abe accepted Abe’s resignation and has appointed Nobuteru Ishimara as new economy minister.

Ishimara said “he wants to guide economic policy to spread the benefits of Abenomics through the Japanese economy and to small firms”, while Abe expressed hope that the newly appointed economic minister will continue with structural reforms and revitalizing the economy.

EUR/USD keeps 1.0900 on EMU data

The shared currency remains above the 1.0900 handle today, with EUR/USD currently hovering over 1.0910/15...
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UK 4Q15 GDP: Services continue to do the heavy lifting - ING

James Smith, Research Analyst at ING, notes that the first estimate of UK fourth quarter 2015 GDP came in at 0.5%qoq, in line with the consensus forecast and is a touch above the final third quarter reading of 0.4%.
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