The euro has rebounded in Asia, EUR/USD up at 1.2610 from a North American close Tuesday around 1.2510, while EUR/JPY is up at 123.50 from around 122.15. Economic data releases were something of a mixed bag overnight. The Westpac consumer confidence sentiment index rose 4.3% in November (vs -11% in October), optimism bolstered by the recent aggressive monetary easing by the Reserve Bank of Australia and by the A$ 10.4 bln stimulus package announced by the government. Meanwhile, Japanese October households consumer confidence fell to 29.4 (nsa) from 31.4 in September, below consensus expectations of 31.5 and an all-time low. The recent fall in the Nikkei will certainly not be helping matters. Finally ending on an upbeat note, Chinese retail sales rose 22% in October, close to the fastest pace in nine years. The number was in line with general expectations.