Good day everyone,

I trust you all had a great week-end

Immmediate reaction on the yen, after G7, has been much as I wrote about at the week-end with a knee-jerk weakening followed by retracement. Now we have to see whether Europe has any appettite to do something with it.

Apart from the Chinese data that Eamonn has mentioned coming up at 05.30 GMT there’s little else to get excited about until US retail sales but here’s the full list.

I hope you have a successful week.

DATA 13 MAY