Japanese & China Report Strong Economic Data

02/26/10 by Daily Forex Snapshots  
Filed under Forex & Futures

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G10 Advancers and Decliners vs USD
CHF 0.34
EUR 0.27
GBP 0.08
JPY -0.44
Markets still buzzing about a potential CNY revaluation
Japan Jan industrial production +2.5% m/m vs. 1.0% expected
Japan Jan core CPI -1.3% y/y, vs. -1.4% expected
Japan Jan retail sales 2.9% m/m & 2.6% y/y vs. -0.2% y/y exp
UK Feb GfK consumer confidence index up to -14 vs.-17
St Louis Fed Bullard states that should inflation expectations become unhinged, this would trump all other…

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