A whole host of figures from China: New Yuan Loans moderating significantly (but higher than expected) at 700B. Retail Sales strong, but Industrial Production a lot weaker than expected and AUD and ASX200 are down with commodities under pressure as well.

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Chinese Numbers Puts Commodities Under Pressure

Yen strengthens broadly in Asia today as China’s Securities Times reported that regulators have ordered banks to call back some of the loans they extended in January. Investors continue to be concerned with more tightening measures from China to cool inflation. Dollar is staying in tight range while crude oil…

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Daily Report: Yen Extends Gain, Dollar in Range ahead of FOMC