Japan’s Aso – Strange that business spending has not picked up more

Japanese Finance Minister Aso was on the wires expressing concerns that business spending has not picked up as expected and the companies are using excess cash for wages and spending.

Other key quotes

Will discuss global economy and strategy at the G20 meeting

Will talk about spurring sustained global growth

Aussie recovery stalled near 50-DMA, awaits US NFP

A rebound in the AUD/USD pair from 100-DMA on Wednesday ran out of steam as the prices neared 50-DMA in the NY session on Thursday. The spot remains b
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Russia’s Novak – output freeze unlikely at Algeria meeting

Russian Energy Minister Novak is the latest one to squash whatever little hope of oil output freeze exists in the markets. As per Reuters report, Nov
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