China Adds Clarity to Potential Exchange Rate Flexibility

G10 Advancers and Decliners vs USD JPY 0.51 CHF -0.20 EUR -0.21 GBP -0.62 • Japan Jan leading index rose 2.4 points, coincident index up 2.5 points.
• UK Feb RICS house price balance jumped to 17 vs. 30 exp lowest since Aug "09, prior Jan reading 31.
• UK [...]

G10 Advancers and Decliners vs USD
JPY 0.51
CHF -0.20
EUR -0.21
GBP -0.62
• Japan Jan leading index rose 2.4 points, coincident index up 2.5 points.
• UK Feb RICS house price balance jumped to 17 vs. 30 exp lowest since Aug "09, prior Jan reading 31.
• UK Feb BRC like-for-like retail sales 2.2% y/y vs.Jan -0.7%, lowest in survey history, while Feb total sales 4.5%
• Australia Feb NAB business conditions index rose to 8, confidence climbed 19, Jan 3, 15.
•…

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