The USD, Gold and JPY gain on safe haven flows |
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- Economic Numbers: In NZ, August building permits worsened (AUG BUILDING PERMITS MOM: -7.9% V 4.7% PRIOR), while Sept business confidence improved (SEPT NBNZ BUSINESS CONFIDENCE: 1. 6 V -20.5% PRIOR ). In Japan, the August jobless rate rose, while the job to applicant ratio declined (AUG JOBLESS RATE: 4.2% V 4.1%E; JOB TO APPLICANT RATIO: 0.86 V 0.88E). In terms of the Japanese industrial sector, August industrial production data was worse than expected (AUG PRELIMINARY INDUSTRIAL PRODUCTION
Filed under: Fundamental
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