The Day Today

• Japan exports: weak for fifth consecutive month, -2.4% vs exp -1.6%
• BO Japan board member Harada: ramp up stimulus “without delay”
• Trump administration considering limits on Chinese video surveillance,

…

• Australian Prudential Regulation Authority: “changes…likely to increase the maximum borrowing capacity for a given borrower”
• RB Australia minutes: “lower cash rate would support employment growth”
• RB Australia governor Lowe speech: “we will consider the case for lower interest rates”
• Huawei founder: “there will be conflict with the US”;

…

• Japan GDP 0.5% vs expected -0.1%, but imports fell
• Canada will approve new NAFTA quickly
• Pompeo and China Foreign Minister on call “discussed elements of the bilateral relationship”
• China former official on yuan: we will “not let it break 7”
• Lightizer to visit Japan and meet the Economy Minister
• Australian elections;

…

• China state media, Xinhua: “we can’t see the US has any substantial sincerity in pushing forward talks”
• US terminates Turkey’s preferential trade status,

…

• President Trump signed an executive order on telecoms, Huawei were not mentioned but the Commerce Department subsequently added them to the Entity List
• Australia unemployment rises to 5.2%,

…