Japan's Hagiuda: A snap election cannot be ruled out

Reuters reporting Japan's deputy chief cabinet secretary Hagiuda, commenting on the Japanese elections and sales tax hike talks.

Key Quotes:

Snap election cannot be ruled out if opposition parties submit no-confidence motion

Raising sales tax as planned would be best way to win international trust

RBA Gov Stevens’ offers no surprises – TDS

Research Team at TDS, notes that there were no surprises and frankly little to take away from RBA Gov Stevens’ Q& A session today.
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Research Team at Deutsche Bank, notes that for Germany after four consecutive declines the increase of the composite PMI in May
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