Reuters poll: 60% of economists see the BOJ easing in September

The latest Reuters poll conducted to gauge the BOJ’s further monetary policy move at its meeting next month, showed that a majority of the economists polled view more BOJ easing coming in at Sept meeting.

Key findings from the survey:

40% see them stay unchanged

Pollsters split on possible policy action

Over 50% say BOJ will adopt more flexible wording on inflation targeting

 

GBP/USD rejected near 1.3260, drops to test NY low

The selling pressure behind the GBP appears to ease a bit, with the GBP/USD pair moving-off lows in response to a tepid recovery staged by oil prices.
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NZ: Fonterra lifted the current season forecast milk payout to $NZ4.75/kg - TDS

Research Team at TDS, notes that in NZ, Fonterra lifted the current season forecast milk payout by 50c to $NZ4.75/kg given the recent boost in dairy p
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