Japan Consumer Confidence Index came in at 42.5 below forecasts (43.8) in January

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Feb 3, 2016

Aussie keeps 0.7000 amid risk-aversion, UK services PMI - key

Risk-off sentiment remained the main theme in Asia this Wednesday, extending from the last NY session as oil rout returned to markets. As usual, yen emerged the best performer among the safe-havens, while the Kiwi outperformed entire G10 currencies complex on the back of upbeat NZ jobs report.

Euro area business cycle re-enters slowdown – Nomura

Research Team at Nomura, suggests that the euro area business cycle moved into Slowdown in January – from a still-robust implied growth rate – after six months of Expansion.