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AUSSIE-YEN: A fairly slow start for the..............>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: A fairly slow start for the risk-barometer cross, the rate holding a
narrow Y87.31 to Y87.39 range. No reaction was seen to the Roy Morgan/ANZ weekly
consumer confidence release, the data came in at 113.8, up from 113.4 last  Up
next, NAB's Business confidence/conditions data for September. August Business
conditions rose to their highest levels since early 2008 to +15, while Business
Confidence dropped 7 points to +5. A little later at 0320GMT, RBA's DeBelle will
be speaking from Hong Kong, the subject is 'Foreign Exchange Global Code of
Conduct'. Bears will be encouraged by a second close below 55-dma (Y87.70), who
are now targeting a move to Y86.55 (100-dma), initial support is located at
Y86.95 (daily cloud top).  

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