From Market News.
TOKYO (MNI) – The level of outstanding loans by Japanese banks fell 2.0% year-on-year in October to Y394.34 trillion, marking the 11th straight y/y drop, with the pace of decline accelerating slightly from an unrevised -1.8% rate in September, Bank … Continue reading
RICS October house price index falls to -49 from -36 BRC total retail sales +2.4% YoY
– Japan Oct M3 Money Stock +2.0% Y/Y Vs Sep Unrev +2.1% TOKYO (MNI) – Japan’s money stock growth, measured by the key M2 aggregate, slowed to 2.7% y/y in October from 2.8% in both September and August, the Bank … Continue reading
JAPAN DATA: China slashed its net selling of Japanese short-term bills to Y624.3 billion ($7.7 billion) in September from net sales of Y2.03 trillion in August, data released today by Japan’s Ministry of Finance showed. China, meantime, sold a net … Continue reading
–RICS: Net -49% Surveyors Saw UK House Prices Rise in Oct –RICS: Oct House Price Balance Lowest Since April 2009 –RICS: Oct New buyers Enquiries Balance -12 Vs -2 Sep –RICS: Oct Sales-to-Stocks Ratio 22.6% Vs Sep’s 24.2% –RICS: Oct … Continue reading
–BRC: UK Oct Like-for-Like Sales +0.8% y/y; Total +2.4% y/y –BRC UK Aug-Oct Like-for-Like Sales +0.7% y/y; Total +2.5% y/y LONDON, (MNI) – UK retail sales values rose 0.8% on a like-for-like basis on the year in October, slightly higher … Continue reading
As soon as I start to mention the USD shorts, the EUR/USD market cops it on the chin, falling 50 pips very quickly. That 1.3700 level is quite a bit closer now. Shorts definitely preferred for the moment.
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