• China’s CPI +3.6% YoY, up from 3.2% in February
  • Japan’s current account surplus JPY1180 billion, a fall of 30.7% YoY
  • Former Greek FinMin says Greece must decide whether to stay in EUR or not
  • Nikkei -1.3%, Kospi -1.3%, HK -1%, Shanghai _0.5%
  • USD/CNY mid-point 6.3020
  • Oil fell heavily after big gains on Thursday, down 1.3% on session to $102/bbl
  • Gold $1637/oz

Ranges: USD/JPY 81.21/58; EUR/USD 1.3031/1.3103; AUD/USD 1.0253/1.0310; cable 1.5837/90; EUR/CHF 1.2006/16.

Most of Europe is closed today so the market should probably stay very quiet until NY opens later tonight.