Daily Trading Stance - Asia Jan 13 (Click link to view)


 EUR rebounded overnight as ECB left rates unchanged and Draghi appeared to be in no hurry to cut rates. Positive comments from him and strong Italian and Spanish auctions fueled the move while weak US data compounded.
 US retail sales were a disappointment in Dec. despite reports of busy times. Weekly jobless claims came in at a 6-week high with upward revisions to last week
 Singapore retail sales will be the highlight for Asia