[B]Intra-Day Market Moving News and Views
01 Feb 2016[/B] [I]01:46GMT[/I]
[B]USD/JPY[/B] - ....... Despite opening slightly higher n gaining to 121.49 ahead of Tokyo open, the greenback met renewed selling and retreated to 121.10 in early Tokyo morning, in part due to risk aversion triggered by the release of weaker-than-expected Chinese services n manufacturing PMIs.
Bids are now lowered to 120.90/00 and more below at 120.70/80 with stops building up below there whilst initial offers are noted at 121.70/80, suggesting near term upside bias remains and buying on dips is favored.
[B]Data to be released:[/B]
Australia AGI manufacturing index, TD securities inflation, China manufacturing PMI, non-manufacturing PMI, Japan manufacturing PMI, Swiss manufacturing PMI, France manufacturing PMI, Italy manufacturing PMI, Germany manufacturing PMI, Euro zone manufacturing PMI, U.K. manufacturing PMI, mortgage approval, U.S. personal consumption expenditures, personal spending, personal income, construction spending manufacturing PMI and Canada manufacturing PMI on Monday.
Australia interest rate decision, Swiss retail sales, Germany unemployment rate, unemployment change, Italy unemployment rate, Euro zone unemployment rate, producer price index, U.S. Redbook and ISM New York index on Tuesday.
New Zealand unemployment rate, job growth, Australia AIG service index, building permits, imports, exports, trade balance, China service PMI, Japan consumer confidence index, Italy service PMI, CPI, France service PMI, Germany service PMI, Euro zone service PMI, retail sales, U.S. mortgage applications, ADP employment change, service PMI, non-manufacturing PMI, participation rate and labour cost index on Wednesday.
Australia business confidence, Swiss consumer climate, U.K. Halifax house prices, U.K. Bank of England rate decision, MPC vote, U.S. initial jobless claims, unit labour cost, productivity and factory order on Thursday.
Australia retail sales, Germany factory orders, France imports, exports, trade balance, U.S. unemployment rate, non-farm payroll, average earnings, private payrolls, manufacturing payrolls, participation rate, trade balance, Canada imports, exports, international balance, participation rate, net change in employment and Ivey PMI on Friday.