Japan to grow by 0.5%-1.5% in 2016 - Moody's

FXStreet (Bali) - Moody's expects 0.5%-1.5% GDP growth in Japan in 2016, noting that muted domestic and global GDP growth will support broadly stable earnings for Japan's (A1 stable) non-financial corporates in 2016.

US Dollar under pressure across the board

Today's US Dollar performance during Asia is a re-play of what we witnessed during the same time last Tuesday, with broad-based weakness in the currency dominant ahead of US Thanksgiving on Thursday, with weakness not being attributed to any particular fundamental drivers.
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