Wednesday, May 20, 2015

Daily FX Update, 20 May 2015


v  US housing starts jump to a fresh cyclical high of 1135k
v  European bonds rally on news the ECB might “frontload” its asset purchases  
v  UK headline CPI inflation declines 0.1% y/y in April – its lowest rate since 1960
v  Malaysia consumer confidence index improves to 94% for the first quarter of the year
v  Japanese department store sales increase 13.7% y/y in April   
v  Bank Indonesia leaves its benchmark interest rate unchanged, but loosen some lending rules in a bid to support the weak economy

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