Wednesday: Yen at 15-year low of 151.5
The yen slumped to 151.55 overnight after a Bank of Japan tweak to monetary policy yesterday was seen as too timid and not allowing yields to rise quickly enough. In part two of our bonus deep-dive interview, ANZ’s Head of Asia Research Khoon Goh explains how strong US GDP growth is helping Asia’s economies. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/