• Japanese balance of trade data might have more impact now that volatility has returned to the spot market:
  • AUD and CNY leading index indicators should not have a major impact:
  • US stocks fell by 0.5% after relatively sober comments from Fed Chairman Ben Bernanke and may lead regional Asian markets lower:
  • Nikkei should buck the trend with the weaker Yen giving encouragement:
  • French 10-year yields rose after the Moody’s downgrade and both US and Australian 10-year yields edged higher; higher US yields will boost USD/JPY bullish sentiment (as if that was needed):
  • The EU group meeting will not be making a decision on the date for the next Greek aid payment.