Forex News: USD holding gains vs JPY, EUR on better sentiment for U.S. equities, financial sector; USD/JPY at 105.25 vs 105.17 late in NY, EUR/USD 1.5812 vs 1.5818. Stocks have strong lead from Wall Street, where DJIA +2.5%, Nasdaq 3.1%; also, oil fell another $4 or so. After-hours news a little less positive: EBay off 7.5% despite better-than-expected 2Q results, on continued concerns about its core auction business and a slightly disappointing 3Q outlook; Xilinx off 3.2% as 1Q net income slipped 0.5% on restructuring charges and write-downs on equity investments.
Yum Brands was off 5.7% in late trade, even after 2Q net income rose 4% on skyrocketing sales in China, prompting company to boost full-year guidance. Data include RBA Bulletin 0130 GMT, Aussie merchandise imports same time; China 2Q GDP 0200 GMT, Singapore NODX 0500 GMT. HK trade 0815 GMT, plus HK jobs data. Philippine CB meets on rates. Thai market shut. Eurorpe has Italy trade, EU construction output while in U.S. there's jobless claims, housing starts, Philly Fed index. U.S. earnings out from companies includding AMD, Blackrock, Capitol Bancorp, Coca-Cola, Google, IBM, JPMorgan Chase, Merrill Lynch, Nokia, Microsoft.
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