AUD/JPY: Aussie Rises on Chinese Data; Yen Falls as Economy Contracts in Q3

In today’s Asian trades, gains of the Aussie is expected to continue versus the Samurai on better prospects for the Australian economy, which seem to be in contrast to that of the Japanese economy.

Continue Reading...

China Economic Scan Weekly Economic Review –1 May 2009

In the past week SASAC revealed SOE profits dropped 42%, and thegovernment announced it would spend an additional 70 billion yuan ofits 4 trillion yuan stimulus package. In the