Fed's Janet L. Yellen's Speech: The speech had positive notes
about the overall economic situation, expected decline in the unemployment and Fed's monetary policy.
USD: MBA Mortgage Applications: -2.0% against the previous 0.4%.
USD: Monthly Budget Statement: USD -10.42 billion and though better than the consensus for -24.50 billion but the data was quite less than the previous 53.20 billion U.S. dollars.
USD: Jobless Claims: Initial claims were 339K and negative as compared to the consensus (330K) as well as the previous 331K. The continuing claims data showed an improvement from the previous 2.971 million to 1.953 million.
USD: Retail Sales (MoM): -0.4% and negative as compared to the consensus (0.0%) as well as the previous 0.2%. Same with the retail sales excluding autos which showed no change against the expected 0.1% and previous 0.7%.
USD: Industrial Production (MoM): -0.3% and negative as compared to the consensus as well as the previous 0.3%.
USD: Reuters/Michigan Consumer Sentiment Index (preliminary): 81.2 and though better than the expected 80.6 but was same as the previous 81.2.
JPY: Consumer Confidence: 40.5 against the previous 41.3.
JPY: Eco Watchers Survey: Current situation 54.7 and negative as compared to the consensus (55.5) as well as the previous 55.7. The results of the survey for outlook came out with 49.0 against the previous 54.7.
JPY: Machinery Orders: December data came out as disappointing with year over year change of 6.7% against the previous 16.6%. The month over month change was -15.7% and negative as compared to the consensus (-3.7%) as well as the previous 9.3%.
JPY: Tertiary Industry Index (MoM): -0.4% and negative as compared to the consensus (-0.2%) as well as the previous 0.8%.
JPY: Machine Tool Orders (YoY - preliminary): 39.6% against the previous 28.1%.