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Japanese EcoMin Motegi: Not in full agreement yet with US on trade

Toshimitsu Motegi, Japan’s minister for economy, was on wires during early Tuesday.

Contrasts to the Finance Minister Taro Aso, Mr. Motegi sound less optimism to have a trade deal with the US. Some of his important comments are as follows:

Key Notes:

  • Not in full agreement yet with the US on trade.
  • Agreed with USTR Lighthizer to strive to narrow gap, including by holding working-level talks.
  • Declines to comment on whether a trade deal with the US is achievable by August.
  • Comments bade by trump show an aim to accelerate talks.

PBOC sets yuan reference rate at 6.8973

The People's Bank of China (PBOC) has set the yuan reference rate at 6.8973 vs Monday's fix of 6.8924.
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Japan Macro Advisors: It’s time for BOJ to do more, Yen intervention likely - FT

The Financial Times (FT) carries an opinion piece from an analyst at Japan Macro Advisors, as he suggests that the Bank of Japan (BOJ) may have to res
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