JPY stronger again after odd-ball 20 bp cut |
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End of month fixing madness may make for hairy trading environment today. Consumption drop in Q3 US GDP number bodes ill for Q4 growth tallies. MAJOR HEADLINES – PREVIOUS SESSION Japan Sep. Jobless Rate out at 4.0% vs. 4.2% expected Japan Sep. Household Spending out at -2.3% vs. -4.0% expected Japan Oct. Tokyo CPI out at 1.2% YoY vs. 1.3% expected Japan Sep. National CPI out at 2.1% as expected UK Oct. GfK Consumer Confidence fell to -36 as expected and vs. -32 in Sep. Australia Sep. New Home Read More...
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