Australian home loans fall unexpectedly

Australian home loans fall unexpectedly
Owner-occupied housing finance fell by almost 8% in Australia in January, against expectations.

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Regional stockmarkets open flat

Regional stockmarkets open flat
Nikkei -0.1%, Kospi +0.1%. Gold steady at $1123/oz. Doesn’t look like the FX market is going to get any inspiration from other markets.

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(AFX UK Focus) 2010-03-09 23:33 Nikkei seen range-bound; machine data, Toyota eyed

(AFX UK Focus) 2010-03-09 23:33 Nikkei seen range-bound; machine data, Toyota eyed
TOKYO, March 10 (Reuters) – Japan’s Nikkei average is expected to move narrowly on Wednesday after U.S. stocks ended almost flat, with investors watching currencies and Japan’s machinery orders data for clues on the direction of trade.

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(AFX UK Focus) 2010-03-10 00:24 Seoul shares open up; Samsung C&T rises

(AFX UK Focus) 2010-03-10 00:24 Seoul shares open up; Samsung C&T rises
SEOUL, March 10 (Reuters) – Seoul shares opened higher on Wednesday, but gains were limited as stocks were nearing technical resistance following a recent rally.

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Pound still falling as more GBP/JPY selling emerges

Pound still falling as more GBP/JPY selling emerges
The thing is that in Asia, GBP100 million can be enough to move the market whereas in the London market it would hardly cause a ripple. Some renewed selling of GBP/JPY by Japanese accounts has driven the pair 50 pips lower in the last hour and this might be happening on quite low volume.

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(AFX UK Focus) 2010-03-10 01:21 Taiwan stocks open higher as UMC leads gains

(AFX UK Focus) 2010-03-10 01:21 Taiwan stocks open higher as UMC leads gains
TAIPEI, March 10 (Reuters) – Taiwan stocks rose 0.35 percent on Wednesday, with UMC leading the way after the chipmaker’s solid February sales raised optimism over demand for technology products.

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NZD short-covering ahead of RBNZ tomorrow

NZD short-covering ahead of RBNZ tomorrow
The market is unanimous in it’s expectation that the RBNZ will make no change to rates or policy tomorrow, but the market looks to be still sitting short NZD both against the USD and the AUD. The NZD/USD has jumped up 30 pips in the last hour or so as the NZ trading day comes to a close.

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