US: Redbook Index at -0.6% MoM

The Japanese yen is extending its generalized depreciation on Tuesday, trading in the 93.15/20 region against the greenback, or 30-month lows, as government officials continue to talk down the currency.

Feb 5, 2013

US Redbook index (YoY) grows 1.5% in Jan 27 and (MoM) decreases 0.6%

Rajoy's scandal fuels bailout fears - Miller Tabak

Spanish prime minister Mariano Rajoy and his center-right Popular Party are engulfed by a corruption scandal. The plot on secret payments list has fueled concerns over government stability and has hurt confidence not only in Spain but the whole Euro area.

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