French current account feb: EUR -4.9 bln vs EUR -5 bln prev

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• EURJPY lower again at 129.35
• Eurzone industrial production feb: +0.4% vs +0.1% exp
• Japan PM Abe says agreement reached with US on TPP
• UK construction output feb: m/m +5.5% y/y -7%
• Kuroda reported to be watching long-term yields very closely
• Japan’s Amari says it might take a little longer for weak yen to benefit economy
• Italian CPI march final: m/m +0.2% vs +0.3% exp
• Trading Ideas
• EURUSD lower as EURJPY falls
• Austrian fin min says they will maintain bank secrecy laws
• Spanish CPI march: m/m +0.4% vs +0.3% exp
• French current account feb: EUR -4.9 bln vs EUR -5 bln prev
• EURJPY: Looking to come lower but buyers at 130.00
• Cable buyers here at 1.5380
• EURUSD: buying interest at 1.3080
• Nikkei closes down 0.47% at 13.485.14
• German wholesale price index march: m/m -0.2% vs -0.5% exp
• Why others should be afraid of the big bad bail-out
• UK PM heads back to restart talks on EU terms
• Option expiries 10am NY cut

EURJPY lower again at 129.35 Posted: 12 Apr 2013 02:03 AM PDT Buy orders at 129.50 now history to this pair that’s looked soft all morning as we’ve been reporting Hearing funds selling USDJPY in that last move down. low 98.98.. currently 99.12

Eurzone industrial production feb: +0.4% vs +0.1% exp Posted: 12 Apr 2013 02:00 AM PDT -0.6% prev revised down from -0.4% y/y -3.1  % vs –2.5% exp  -1.3% prev

Japan PM Abe says agreement reached with US on TPP Posted: 12 Apr 2013 01:41 AM PDT Say he wants to join Trans Pacific Partnership talks as soon as possible

UK construction output feb: m/m +5.5% y/y -7% Posted: 12 Apr 2013 01:34 AM PDT

Kuroda reported to be watching long-term yields very closely Posted: 12 Apr 2013 01:21 AM PDT quoted as saying the moves are volatile and need to be closely monitored so says a senior govt official quoted on reuters

Japan’s Amari says it might take a little longer for weak yen to benefit economy Posted: 12 Apr 2013 01:13 AM PDT The econ min quoted on reuters

Italian CPI march final: m/m +0.2% vs +0.3% exp Posted: 12 Apr 2013 01:02 AM PDT +0.3% prev y/y +1.6% vs +1.7% prev

Trading Ideas Posted: 12 Apr 2013 12:57 AM PDT Ok, we’ve seen some good action so far but will these moves lower continue? I think so overall but what say you? Post your ideas and thoughts here.

EURUSD lower as EURJPY falls Posted: 12 Apr 2013 12:35 AM PDT I said earlier at 130.26 that EURJPY looked like it wanted to come lower. 130.00 buy orders now exhausted but the 129.75 demand holding up the move at the moment. more buyers at 129.50 which if breached might just give some longs the jitters EURUSD has been pulled lower to 1.3067 taking out the good demand I mentioned between 1.3070-80, but it’s still a coin flip here

Austrian fin min says they will maintain bank secrecy laws Posted: 12 Apr 2013 12:24 AM PDT says no need for exchange of information Austria remains the one country not to sign up. Something to hide Mr Fekter?

Spanish CPI march: m/m +0.4% vs +0.3% exp Posted: 12 Apr 2013 12:01 AM PDT +0.2% prev y/y +2.4%

French current account feb: EUR -4.9 bln vs EUR -5 bln prev Posted: 11 Apr 2013 11:49 PM PDT

EURJPY: Looking to come lower but buyers at 130.00 Posted: 11 Apr 2013 11:47 PM PDT This pair is under a little pressure, relatively speaking of course, and appears to want to come lower. I was talking to Mr Horton earlier and he sent me this suggesting we may have seen a top for now. I’m hearing of good size buying interest at 130.00 and smaller at 129.75 but with USDJPY failing to break 100 maybe we’re entering into a new phase.

Cable buyers here at 1.5380 Posted: 11 Apr 2013 11:40 PM PDT Hearing of good demand at this level ( 1.5380) with stops below if breached.. more buyers at 1.5360 and 1.5340. larger at 1.5280 Sell orders at 1.5410, 1.5425 and larger at 1.5450

EURUSD: buying interest at 1.3080 Posted: 11 Apr 2013 11:34 PM PDT Hearing some good size buy orders between 1.3070-80 and then smaller interest at 1.3050 and 1.3020. Sell orders at 1.3130,1.3160 then larger at 1.3200

Nikkei closes down 0.47% at 13.485.14 Posted: 11 Apr 2013 11:02 PM PDT

German wholesale price index march: m/m -0.2% vs -0.5% exp Posted: 11 Apr 2013 11:00 PM PDT +0.1 prev y/y +0.3 % vs +1.4% prev

Why others should be afraid of the big bad bail-out Posted: 11 Apr 2013 09:38 PM PDT With Cyprus forfeiting its gold reserves as part of the bail-out terms here’s an illustrative piece from AEP in The Telegraph It also reminds us that Luxembourg is a time bomb waiting to go off

UK PM heads back to restart talks on EU terms Posted: 11 Apr 2013 09:27 PM PDT After cutting short his trip to Europe to discuss the UK position on Europe in order to convene parliament for the Thatcher tributes  PM Cameron heads back to talk to Mrs M This and other articles here

Option expiries 10am NY cut Posted: 11 Apr 2013 09:19 PM PDT USDJPY  98.00, 98.50,99.00,99.50, 99.60,100.00,100.20 EURUSD 1.2975,1.3000,1.3050,1.3100,1.3120,1.3130,1.3160 GBPUSD 1.5275,1.5325,1.5375 AUDUSD 1.0495,1.0550,1.0600 USDCHF 0.9375