BZF - Investors Need Fresh Incentives
Overview:
Activity in the global capital markets is subdued as investors await fresh developments. New wording for the Irish backstop apparently is being drafted. US-China trade talks resume. No decision has been made on US auto tariffs, but European and Japanese officials seem to be playing down the threat. Separately, BOJ's Kuroda said there was more room to lower rates or buy more assets if needed, while the minutes from the Reserve Bank of Australia confirmed the shift to a neutral stance. Sweden's softer-than-expected CPI weighed on the krona. The dollar is sporting a firmer