Ideas corner/ August 3rd 2012

03/08/2012 | 04:10 GMT

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In-line CPI report leads to a blockbuster day for US stock markets
US November NFIB small business optimism index 101.7 vs 94.2 expected
US stocks open higher led by the NASDAQ index
USD/JPY sent for a spin but now moving higher as BOJ rate hike odds fade
Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
USD/JPY looks to US CPI report to potentially break ping pong range
ForexLive European FX news wrap: USD/JPY sticks with the early bounce, ADP up next

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