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12 Feb 2019

Australia: Business conditions rebounded, confidence rose slightly - TDS

Analysts at TD Securities note that Australia’s NAB business conditions rebounded from +3 to +7 and business confidence rose slightly from +3 to +4.

Key Quotes

“The improvement in business conditions was concentrated in forward orders and trading conditions so this bodes well for a better report in February.”

“Separately, home loans MoM fell to -6.1% while owner-occupied loan value MoM crashed to -5.7%.”

Feb 12, 2019

Japan Machine Tool Orders (YoY) declined to -18.8% in January from previous -18.3%

Japan Machine Tool Orders (YoY) declined to -18.8% in January from previous -18.3%
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Feb 12, 2019

EUR futures: extra decline likely

CME Group’s preliminary figures for EUR futures markets noted investors added around 3.6K contracts to their open interest positions on Monday from Fr
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