Japan's Vice FinMin: Sales tax will surely be raised to 10% by April 2017

FXStreet (Bali) - Japan's Vice Finance Minister Miyashita has been quoted by Reuters, noting that sales tax will surely be raised by 2017.

Jun 10, 2015

Nikkei rises on Japan data, China stocks fall sharply

The Japanese equities index halted its downslide and edged higher today, shrugging off mixed cues from Wall Street overnight as mild yen weakness and upbeat Japanese macro releases added to the positive sentiment.

AUD/USD: Biased towards a break of mid-0.75s - Westpac

Sean Callow, FX Strategist at Westpac, expects any AUD/USD rally to keep failing around 0.7750-0.7800, for an eventual break of Mar/Apr lows in the mid-0.75s, although Sean acknowledges that it could take several attempts before the bear move gathers momentum.