Asia Recap: Aussie a touch firmer on Aus retail sales

By FXstreet.com | August 03, 2014 AAA

FXStreet (Bali) - The Aussie traded firmer in Asia, benefited by local data, the Japanese Yen was the main laggard, while the rest of currencies saw little action on thin volume.



Over the weekend, China published the Non-Manufacturing Purchasing Managers Index for July, coming at 54.2 vs 55.00 prior. In Europe, Bank of Portugal head confirmed that Banco Espirito Santo will be recapitalised via a bank resolution fund, with the bank undergoing a split of 'good' and 'bad' assets in two different entities.



In Japan, the monetary base for July came at +42.7% y/y vs 42.6%. Meanwhile, in Australia, the ANZ Job advertisements for July was +0.3 vs 4.4% last, retail sales for June were +0.6% vs 0.3% exp, and the TDS/Melbourne Institute (MI) Inflation Gauge for July stood at +0.2% m/m vs 0% prior. In New Zealand, the ANZ Commodity Price Index for July was -2.4% vs -0.9% prior.



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