China Import / Export Data Improves

03/10/10 by Daily Forex Snapshots  
Filed under Forex & Futures

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G10 Advancers and Decliners vs USD
CHF -0.07
EUR -0.12
GBP -0.35
JPY -0.39
• Australia Westpac Consumer Confidence printed at 0.2% vs. -2.6% exp
• Australia Jan owner-occupied housing finance -7.9% m/m vs.-2.0% exp investment finance +0.9%
• In Australia RBA AsstGov Lowe sounded very optimistic stating that growth was at or above average for the next couple of yrs, while labor market are strong and inflation consistent with medium-term target, challenge to expand supply…

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