Japan Retail Trade (YoY) came in at 0.6% below forecasts (1.3%) in December

Japan Retail Trade s.a (MoM) down to -1.7% in December from previous 0.2%

Economic Wrap: GDP Q4 was a miss – Westpac

Analysts at Westpac offered an economic wrap. Key Quotes: "US GDP for Q4 was on the weaker side of expectations although most of the miss was attributable to net exports - they subtracted a chunky 1.7ppts from growth. Elsewhere the detail is mostly encouraging - personal spending adde ...

Japan’s retail sales 0.6% vs. 1.3% forecast

Japanese retail sales fell more-than-expected last month, official data showed on Sunday.In a report, the Ministry of Economy Trade and Industry said that retail sales fell to a seasonally adjusted annual rate of 0.6%, from 1.7% in the preceding month.Analysts had expected retail sales to fall a ...

USD/JPY: bearish opening gap in early Asia, where are the bulls?

USD/JPY started the day off with a bearish gap while the dollar was sold -off across the G10's and the bulls seem to be sleeping still. Markets will be thinner today with China, Singapore and HK out.  USD/JPY dropped below the 115 handle and has since struggled to regain territory back t ...

State of the dollar’s downside correction – BBH

Analysts at Brown Brothers Harriman explained that the US dollar spent the first month of the new year correcting lower after a strong advance in the last several months of 2016. Key Quotes: "We argue that the correction actually began in mid-December following the Federal Reserve's rat ...

Weekend news wrap up: Trump and politics from around the world

The weekend did not hold any specific market events to give us much of a clue for the open today here in early Asia, but there was plenty of political noise to keep us waking up every morning and wondering just how the world is shaping out to be. Trump's first weekly national address done o ...

New Zealand Trade Balance (YoY) dipped from previous $-3.18B to $-3.2B in December

EM Preview for the Week Ahead – BBH

Analysts at Brown Brothers Harriman noted that EM's were truly mixed last week, pulled in both directions by both idiosyncratic risks and global developments.   Key Quotes: "MXN, BRL, and ZAR were the best performers on the week, while TRY, HUF, and RON were the worst.   MX ...

Market wrap: US dollar shook off GDP – Westpac

Analysts at Westpac offered a market wrap. Key Quotes: "Global market sentiment: Disappointed US GDP data pushed bond yields lower but only briefly ruffled the US dollar. Interest rates: US 10yr treasury yields fell from 2.53% to 2.48%, with most of the move coming after the US data ...

Weekly outlook: January 30 – February 3

Investing.com - The dollar ended little changed against a basket of the other major currencies on Friday after weaker-than-expected figures on U.S. fourth quarter growth dampened expectations for a faster rate of interest rate hikes this year. The U.S. dollar index, which measures the greenback’s ...

Crude Oil Futures – Weekly Outlook: January 30 – February 3

Investing.com - Oil futures finished lower on Friday, logging a modest weekly loss, as investors turned their attention to rising production in the U.S. and away from OPEC and other producers' commitment to curbing global oversupply. On the New York Mercantile Exchange, crude oil for delivery i ...

The Week Ahead: 5 Things to Watch on the Economic Calendar

Investing.com - Global financial markets will be busy with central bank meetings in the week ahead, with policy decisions due in the U.S., U.K. and Japan. Investors will also keep an eye out on key economic data, with the monthly U.S. employment report and euro zone inflation data in the spotlight ...