Themes

• General mood is “risk off”
• Japanese National Core CPI weaker than expected at +0.5%
• Yen worst performing major in Asia today

What’s Moving

Tight ranges to end the week in Asia today, with the general bias being for USD strength as players squared up shorts from earlier this week.

Regional stock markets and oil prices also eased in Asia today, setting up weakness on U.S. and European equities tonight.

The Yen was the worst preforming major in Asia today, with the market still coming to terms with Tokyo being put into a State of Emergency this week.

Data tonight includes:

• U.K. GFK Consumer Confidence (E: -15)
• U.K. Retail Sales (E: -0.6%)
• Canadian Retail Sales (E: +1.1%)
• Treasury Secretary Yellen is also slated to speak