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*Austria Dec Production Index -2.0% On Month Vs. -1.7% In November

Austria Dec Production Index -2.0% On Month Vs. -1.7% In November The material has been provided by InstaForex Company – www.instaforex.com…

*Germany Q4 Exports -0.2% On Quarter, Imports +1.3%

Germany Q4 Exports -0.2% On Quarter, Imports +1.3% The material has been provided by InstaForex Company – www.instaforex.com…

South Korea Consumer Confidence Weakens In February

South Korea’s consumer confidence weakened in February after rising in the previous month, survey results from Bank of Korea showed on Tuesday. The consumer confidence index fell to 96.9 in February from 104.2 in January. In December, the index reading was 100.5. The indicator for consumer sentiment regarding current living standards decreased two point to 91, while that concerning the outlook for living standards declined four point to 93 in January. Consumer sentiment related to future household income and future spending fell four points to 97 and 106, respectively. Consumer sentiment concerning current domestic conditions decrease twelve points to 66 and future domestic economic conditions fell eleven points to 76. The expected inflation rate for the following year was 1.7 percent. The survey was conducted among 2,500 households between February 10 and 17. The material has been provided by InstaForex Company – www.instaforex.com…

Japan Producer Prices Climb 2.3% On Year In January

Producer prices in Japan were up 2.3 percent on year in January, the Bank of Japan said on Tuesday. That exceeded expectations for a gain of 2.1 percent, which would have been unchanged from the previous three months. On a monthly basis, producer prices sank 0.3 percent following the flat reading in December. Individually, prices were up for transportation, communications, real estate, finance and advertising. Producer prices for all items excluding international transportation gained 2.3 percent on year and fell 0.2 percent on month. The material has been provided by InstaForex Company – www.instaforex.com…

*Japan Producer Prices +2.3% On Year In January

Japan Producer Prices +2.3% On Year In January The material has been provided by InstaForex Company – www.instaforex.com…

Japan Producer Price Data Due On Tuesday

Japan is on Tuesday scheduled to release January numbers for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are forecast to hold steady, higher by 2.1 percent on year. Japan also will see final December figures for its leading and coincident indexes; their previous readings were 91.6 and 94.7, respectively. The material has been provided by InstaForex Company – www.instaforex.com…

Dollar Mostly Subdued Against Rivals

The U.S. dollar retreated after displaying some strength earlier in the session on Monday, amid rising concerns about global growth after the coronavirus spread rapidly outside China. The dollar recovered after easing into the negative territory, but was still finding it tough to move up any significantly above the flat line. The dollar index, dropped to a low of 99.11 from around 99.60, and was last seen at 99.28, up slightly from previous close. Against the Euro, the dollar was down marginally at $1.0856, recovering from $1.0874. Earlier in the day, the dollar was up more than 0.4% at $1.0808. Germany’s business confidence improved in February, reports said citing survey data from the ifo institute. The business climate index rose to 96.1 in February from 96.0 in the previous month. The score was above the forecast of 95.3. The assessment of current situation weakened from last month, while expectations improved in February. The current conditions index came in at 98.9 in February versus consensus of 98.6. At the same time, the expectations index rose to 93.4 compared to economists’ forecast of 92.1. Against British Pound Sterling, the dollar strengthened to $1.2928, gaining more than 0.2%. The Japanese Yen gained…