Australia New Housing Starts Expected To Fall 17% In Fiscal Year Before Rising - HIA Forecast

Japan April Retail Sales Fall 2.9% on Year

*Australia Housing Starts Expected To Contract 17% In 2008-09, Then Grow 11% In Next 2 Years - HIA

Japanese yen tumbles to new multi-month low against pound

*Japanese yen plunges to new multi-month low of 153.20 against pound