China's Vice FinMin: Fiscal policy should play a role globally

China's Vice Finance Minister Zhu Guangyao notes that fiscal policy should play a role globally, not just monetary policy

Additional headlines

China recognizes risks facing global economy

China to try to coordinate with G20 on global economy

Commodities re-cap, oil bouncing back - ANZ

Analysts at ANZ explained the action in the commodities sector, noting that oil prices weakened steadily through most of the session before bouncing sharply in recent hours as the weekly EIA inventory data showed US fuel stocks fell last week.
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USD/JPY finds fresh bids near 112 on BOJ’s Kiuchi

The US dollar tries hard to regain control against its Japanese counterpart, now keeping USD/JPY supported above 112 handle over the last hours.
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