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Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Swiss franc likely to gradually depreciate against euro in coming months

U.S. durable goods orders sustain robust growth

Reserve Bank of India likely to stand pat in December

U.S. vehicle sales fall again in November

Germany's unemployment exceeds expectations in September

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Bank Indonesia keeps key interest rate on hold at 3.75 pct

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

U.S. Q3 economic growth unrevised in second estimate

Malaysian headline inflation falls further in October, likely to remain negative in 2020

Philippine central bank keeps interest rate unchanged at 2 pct

United States building permits

Australian economic growth recovers strongly in Q3 2020

U.S. Consumer Confidence falls in September

U.S. personal income and spending rose less than expected in August

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Yen extends gains to 5-month high vs dollar, minor correction expected

Wednesday, January 6, 2016 4:18 AM UTC

Risk aversion plagued markets again on Wednesday as investors continued to dwell on China's economic downturn, helping support the safe-haven Japanese yen.
The USD/JPY pair dropped 0.42% to 118.55 from 119.05 on Wednesday morning in Asia, hitting a low of 118.37 after the People's Bank of China (PBoC) set the USD/CHY fix, the weakest since August 2015.
Initial support levels are seen at 118.22 and 117.88.
On the other side, resistance are seen at 119.03 and 119.50 levels.

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Yen extends gains to 5-month high vs dollar, minor correction expected

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