JPY stronger again after odd-ball 20 bp cut





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JPY stronger again after odd-ball 20 bp cut

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11-01-2008, 07:07 PM

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JPY stronger again after odd-ball 20 bp cut

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 â€“ 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

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