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RBA's Lowe wants to see wage growth rise to 3.5% or above

RBA's Lowe, while addressing questions from the representatives, said that he would want to see wage growth rise to 3.5% or above. 

Key quotes

Uncertainty on energy policy is affecting business investment

Higher energy costs are crimping household budgets, will lift inflation

USD/CNY projection: 6.6549 - Nomura

Analysts at Nomura offered their projections for today's fix in USD/CNY. Key Quotes: "Our model1 projects the fix to be 221 pips lower than the prev
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USD/JPY testing the 109 handle but lacks impact

Currently, USD/JPY is trading at 109.09, down -0.11% on the day, having posted a daily high at 109.23 and low at 109.05. A subdued market in Asia tod
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