Japan: Nominal aggregate wages rise 2.6% YoY in February – DB

Mikihiro Matsuoka, Chief Economist at Deutsche Bank, reviews the Japanese February monthly labor survey, and further views that nominal aggregate wages might rise at an annualized 2.0-2.5%.
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RBA holds cash rate steady at 2.25%

The Reserve Bank of Australia decided to hold rates steady at 2.25% record low, although the doors were left open for further cuts.
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