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Yen slips on Japan monetary easing expectation. GBP weaken by surprise drop in industrial output. EUR/$ up, Greece comments add to +ve view.

Investors stay on sidelines amid absence of news. Drop in inventories, rise in sales show company will have to begin restocking inventories.

Gold steadies as EUR bounce. Weak oil prompt new selling. Gold hold near NY lvls, off 2-wk lows. Early Chinese bargain hunting lifts prices.

Risk aversion and repatriation flows boost YEN. Ratings agency comments weigh on GBP & EUR. China’s commitment to buy Treasuries helps USD.

Investors are waiting for signs that econ is ready to put up some solid, sustainable growth numbers. Most likely trigger is the job growth.

Asian mkts traded mixed Tue after lackluster wall street, with resources stks retreating around the regions. Mkts looking to China for cues.

Yen rose broadly Tue on USD, EUR selling by Jap exporters while GBP falter on weak data & Britain’s dilemma over support for banking sector.

Mkts looked for reassurance that economy strong enough to justify past 1-yr rally. Econ strengthening but there’s plenty lingering problems.

Sarkozy comments help euro on receding Greek concerns. Euro gives up some gains, high-yielders slip. USD higher, yen selling abates for now.

Optimism abt US economy lifts risk appetite. US Feb payroll fall 36,000. BOJ may debate easing again this mth. AUD, NZD rise sharply vs YEN.