UK Retail Sales Drop, Japan Conducted Stealth Intervention During Oct-Dec

Bad news from UK, Eurozone debt crisis effect is got worsens, UK Retail Sales Suffer Second Worst January Since 1995: BRC Says, Retailers in the UK faced their second-worst January since the survey began in 1995 as consumers concentrated more on paying off debt and savings after raising their spending somewhat at the time of heavy discounting during Christmas. But actually the trend is still lower than last year

Economic news from Asian economic strategist Japan, Japan Conducted Stealth Intervention During Oct-Dec., MoF Data Shows, Japan's Finance Ministry and the Bank of Japan conducted stealth intervention in the currency market during the December quarter of 2011 to contain yen gains, data from the Ministry of Finance confirmed Tuesday.

News from Aussie, RBA Unexpectedly Retains Cash Rate At 4.25%, The Reserve Bank of Australia on Tuesday decided to keep its benchmark cash rate unchanged at 4.25 percent against economists' expectations for a quarter-point reduction. It is more realistic now