Australia May Consumer Inflation Expectation up to 2.3% vs 2.2%
May 23, 2013
EUR/AUD posts a fresh 1.5-year high above 1.33
Despite current weakness in Euro making a 2-day low against the USD, the single currency is having a fest against the Aussie, last at 1.3285, off recent fresh 1.5-year high at 1.3319, printed on the back of Fed chairman Bernanke's comments in early NY trade.
The Nikkei index is posting yet another 5.5-year high last at 15903, up +1.73% for the day, highest since early Dec 2007. The index adds almost a 5% gain this week alone, while mounts for almost +85% advance from Nov lows when anticipated elections were called in Japan. The move comes on the back of local bonds keep selling off, and continued Yen weakness.