• China asks US groups to back currency stance - FT • US Treasury Securitary Geithner stated that China should decide that a move to more flexible exchange rate is in its own best interest. • The BoJ leaves target rate at 0.10% and increases QE to Y20 trln as predicted by Nikkei. The vote was 5-2, Noda and Suda dissent & keeps economic assessment as is. • Australia Jan Westpac/MI leading index tips 6.3% growth, coincident index up to +3.9% • Australia Q4 dwelling unit starts printed at 15.1% q/q vs. +6.0% exp. • New Zealand Q1 consumer confidence index 114.7, vs. Q4 "09 116.9.
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