Japanese government's economic adviser calls for more fiscal stimulus

Susumu Takahashi, chairman of the Japan Research Institute, and an economic adviser to the Japanese government has reportedly said more fiscal stimulus would raise Japan's economic growth and raise potential growth rate, according to Bloomberg. 

Takahashi believes the fiscal stimulus if implement around the time of tax hike would help avoid a big drop in consumption. 

 

NZD/USD Technical Analysis: Kiwi moving sideways as the pair struggles to pick a direction

NZD/USD Chart, 1-Hour Spot rate:  0.6765 Relative change:  0.10% High:  0.6768 Low:  0.6750
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China Customs: China's tariffs on US goods to take effect immediately after US tariffs on China goods kick in

China's customs department informed markets on Thursday that China's retaliatory tariffs on US goods will take effect immediately after US tariffs on
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