Korea, Republic of Import Price Growth (YoY) down to -7% in April from previous -4.5%

FXStreet.com (Barcelona)

May 13, 2014

GBP/JPY hovering around 172.00

After rising in the previous two trading days, the GBP/JPY finished lower on Tuesday on the back of a stronger US dollar against European currencies.

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May 14, 2014

RBNZ report: LVR limits to stay at least until late 2014

The RBNZ Financial Stability report in New Zealand outlined that LVR limits will stay at least until late 2014, adding that these measures have been effective in slowing elevated house prices. The RBNZ report added that "highly leveraged dairy farmers are at risk of export price fall." With regards to NZ financial system, RBNZ believes is "in good shape, risks have reduced."

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