The Day Today

"The Day Today" - 2 Sept 2014

* The Nikkei and USD/JPY boosted by news that Japanese wages grew by the most since 1997, +2.6% vs 0.9%exp and a revised 1% prior. Stripping out bonuses they were still up by the most since 2000.

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"The (Labor) Day Today" - 1 Sept 2014

* SNB girding their loins for action – President Jordan gives interview at weekend that ensuring the cap holds is “absolutely central to ensure adequate montary conditions”. Regarding lifting the floor to 1.25 EUR he repeated that they’re not in the business of “fine tuning”,

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"The Day Today" - 29 August 2014

EONIA went negative for the first time yesterday – can Draghi win the argument for more action when the effects of the previous set 3 months ago are still being felt?

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