The Japanese Yen continued to depreciate to start the week after a mixed bag of fundamental data showed strong retail sales but disappointing industrial production figures. Meanwhile, Chinese PMI came in weaker than anticipated. Japanese industrial production was -1.6% against -0.8% expected month-on-month for September and 9.8% year-on-year to the end of September, below forecasts of 10.5%. Month-on-month retail sales in Japan for September showed a 1.1% increase rather than 0.8% anticipated to reveal a 4.5% increase instead of 4.1% forecast. A potentially significant component of the surge in retail sales could be ... (full story)