Daily Points

KEY POINTS:
– Markets tentatively await Bernanke
– BoJ willing to address downside risks…
– …as Japanese trade figures disappoint
– UK retail trade plummets
– MPC minutes show BoE in neutral
– Dudley says FOMC needs 3-4 months to decide on tapering
– Bernanke testimony today
– FOMC minutes from May 1 meeting – adjusting purchases up, down, or not at all?
– Canada retail sales reflecting soft consumer
– U.S. housing rebound: spring lull?

Click here to read the full report: FX Daily

 

Scotiabank