03/28/08 - Daily Forex Market News from cmsfx.com

Data From Japan, UK and US Show Economies Struggling

Japan reported 10-year high inflation and flat consumer spending in February. UK consumer confidence hit a 15-year low, and growth of housing prices fell to its lowest level in 12 years. In the US, consumers were also pessimistic, and showed it by spending less.

Fundamental Releases Covered:
JPN Tokyo Consumer Price Index y/y
JPN National Consumer Price Index y/y
JPN Unemployment Rate
JPN Household Spending y/y
JPN Retail Sales y/y

UK Retail Sales y/y
UK Nationwide House Prices m/m

US Personal Income
US Personal Spending
US Core PCE Price Index m/m
US UMich Consumer Sentiment (f)

Pairs Covered:
GBP/JPY
GBP/EUR
GBP/USD
EUR/USD
NZD/USD

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