Themes

• General mood is “risk off”
• Europe’s largest nuclear power plant (In Ukraine) on fire and radiation is rising
• Australian Retail Sales as excepted at 1.8%
• Japanese Unemployment 2.8% from talk of 2.7%

What’s Moving

Quiet session in Asia today amid recent wild swings and ahead of the weekend and tonight’s U.S. Farm Payrolls numbers.

The upshot was that currencies were tightly mixed in Asia today, shrugging off data and instead settling into two was position adjustment type trading.

News that as nuclear power plant in the Ukraine (Europe’s largest) is on fire and that radiation levels were rising was largely shrugged off, with all eyes on tonight’s U.S. Non-Farm Payrolls numbers.

Data tonight includes:

• German Trade (E: 7.5bln)
• French Industrial Production (E: +0.5%)
• Euro-zone Retail Sales (E: 1.5%)
• Canadian Building Permits (E: 1.3%)
• U.S. Non-Farm Payrolls (E: 407k)