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Sunday, January 11, 2009
Monday, 12 Jan: Asia Market Outlook
2203 GMT [Dow Jones] ASIA OUTLOOK: Little change in FX majors so far with quiet trade as Japanese market shut; USD/JPY around 90.10 vs 90.30 late in NY on Friday, EUR/JPY at 121.40 vs 121.36, EUR/USD 1.3472 vs 1.3438. Stocks have negative cue from Wall Street, which fell in wake of data Friday showing more U.S. labor market weakness; NZ shares though have ticked up 0.2% early. Data include Aussie ANZ job ads 0030 GMT, Korea export/import price index 0300 GMT, India industrial output 0630 GMT. China trade, M2 data due. Thailand has by-elections to replace sacked MPs after airport protest. Europe has German manufacturing turnover, UK RICS housing survey while in U.S. there's Federal Budget, Lockhart speech.(RXM)
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