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JAPAN DATA: Monthly data from the Ministry of Labor..
JAPAN DATA: Monthly data from the Ministry of Health, Labor and Welfare:
– Japan Dec Average Wages -0.4% Y/Y Vs Nov +0.2%
– Japan Average Wages Post 1st Y/Y Drop In 10 Months
– Japan Dec Average Base Wages +0.3% Y/Y Vs Dec -0.1%
– Japan Average Base Wages Post 1st Y/Y Rise Since April 2008
– Japan Dec Real Average Wages -0.5% Y/Y Vs Nov Unchanged
– Japan Dec Special Pay (Incl Bonuses) -1.4%% Y/Y Vs Nov -2.3%
– Japan Dec Regular Jobs +0.5% Y/Y, 11th Rise In Row; Nov +0.7%
China official January PMI +52.9
That is down from 53.9 in December. Any number above 50 indicates industry expansion.
EUR/GBP: Next technical support at .8528
The overnight low was at .8528 and that provides the first support level. There are bids reported at .8500 and that is the next support level below there.
Australian business confidence falls 9 points
- NAB business conditions +2 points to 6
- Business confidence falls 9 points to -3
- House price index +0.7% QoQ

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