Japan’s Manufacturing PMI
Japan’s Markit/JMMA Manufacturing PMI for January came in at an expansionary 50.7, better than the prior months reading of 50.2. The USDJPY pair did nothing following the release.
South Korean Industrial Production / Leading Index
South Korean Industrial Production weakened further in December, however the Leading Index was improved. The KRW has gained a mild bid against the USD to start the new day.
- Industrial Production (MoM) – Survey:1.1% Actual:-0.9% Prior:-0.4%
- Industrial Production (YoY) – Survey:4.1% Actual:2.8% Prior:5.6%
- Industrial Production Mfg (YoY) – Actual:2.9% Prior:5.9%
- Service Industry Output (YoY) – Actual:1.6% Prior:2.6%
- Leading Index (YoY) – Actual:1.5% Prior:1.1%
UK Housing Survey
The January Housing Survey improved ifrom the prior month, however Cables rise was short-lived as risk has sold off a touch to start the trading week.
- Hometrack Housing Survey (MoM) – Actual:0.0% Prior:-0.2%
- Hometrack Housing Survey (YoY) – Actual:-1.6% Prior:-2.1%
South Korean Current Account Balance (in$)
The South Korean Current Account Total in December fell to 3958.6M versus the prior reading of 5045.9M. The Balance of Goods also declined to 3.85M versus the November reading of 4487M.
South Korean Consumer Confidence
The South Korean Consumer Confidence was released at 98 a touch softer than the prior reading of 99. The Business Survey for Manufacturing came in stronger at 81 versus the prior reading of 79, while the Non-Manufacturing reading was unchanged at 79.
USDSGD Approaching 200day
The USDSGD pair has broken down the last few weeks and is approaching the 200day moving average where perhaps the pair and the USD can find some support against the risk out there (also at the 76.4%.)



