Economic Data

ECONOMIC DATA

GMT	Currency	Release	Survey	Previous	Comments
	JPY	Bank of Japan Rate Decision	0.10%	0.10%	Low interest rate has boosted productivity and is expected to be steady
0:30	AUD	Westpac Consumer Confidence		-5.10%	Fell to the lowest level since 03/12. High unemployment and low inflation weighted on consumer confidence.
0:30	AUD	Westpac Consumer Confidence Index		104.9
1:00	AUD	DEWR Internet Skilled Vacancies (MoM)		0.10%	Approached previous peak on 12/11.
8:00	EUR	Euro-Zone Current Account s.a. (euros)		16.3B	Previously returned to CA surplus Exported goods and net income increased.
8:00	EUR	Euro-Zone Current Account n.s.a. (euros)		12.1B
8:30	GBP	Retail Sales (YoY)	1.80%	0.40%	Expected to improve with warmer weather and better consumer confidence.
8:30	GBP	Retail Sales w/Auto Fuel (MoM)	0.10%	-0.70%
8:30	GBP	Retail Sales (MoM)	0.10%	-0.80%
8:30	GBP	Retail Sales w/Auto Fuel (YoY)	2.00%	-0.50%
8:30	GBP	Public Sector Net Borrowing (Pounds)	8.8B	16.7B	Budget deficit narrowed more than forecast, in line with less borrowing, which is pound positive as there is more capital inflow.
8:30	GBP	PSNB ex Interventions	8.5B	15.1B
8:30	GBP	Public Finances (PSNCR) (Pounds)	-4.0B	31.3B
10:00	GBP	CBI Trends Total Orders	-17	-25	Declined for 2 consecutive months, signaling weak demand; Selling prices rebounded slightly from 03/13 low (1Y low), competitive pricing diminished sales.
10:00	GBP	CBI Trends Selling Prices	5	8
11:00	USD	MBA Mortgage Applications		-7.30%	Indicative of housing demand.
12:30	CAD	Retail Sales (MoM)	0.10%	0.80%	Lower Canadian dollar may benefit offshore retail sales.
12:30	CAD	Retail Sales Less Autos (MoM)	0.10%	0.70%
14:00	USD	Existing Home Sales	4.99M	4.92M	Financial institutions are likely to purchase more houses as prices remain below pre-crisis level.
14:00	USD	Existing Home Sales (MoM)	1.40%	-0.60%
23:50	JPY	Japan Buying Foreign Stocks (Yen)		¥19.2B	Demand for foreign stocks remained in a high level as risk appetite elevated while demand for JGB decreases (yield reached April 2011 high recently).
23:50	JPY	Foreign Buying Japan Bonds (Yen)		-¥413.5B
23:50	JPY	Merchandise Trade Imports (YoY)	6.9	5.5
23:50	JPY	Japan Buying Foreign Bonds (Yen)		¥186.4B

GMT	Currency	Upcoming Events & Speeches
-:-	JPY	BOJ Kuroda Press Conference After Policy Meeting
4:00	JPY	Bank of Japan Monetary Policy Statement
8:30	GBP	Bank of England Minutes
14:00	USD	Fed's Bernanke Testifies on Economic Outlook
18:00	USD	Fed Releases Minutes from Apr 30 - May 1 FOMC Meeting