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Wall Street closes lower following recent gains

The US stocks market closed Monday with negative numbers setting back from recent multi-month highs.

The Dow Jones declined 21.73 points or 0.16% to finish the day at 13,971.24. The S&P 500 eased 0.92 points or 0.06% to end at 1,517.01. And the Nasdaq Composite lost 1.87 points or 0.06% to 3,192.00.

US supports Japan's efforts for growth, beat deflation

In what should be interpreted as a decently bullish sign for the USD/JPY, Lael Brainard, who is the United States Under Secretary of the Treasury for International Affairs, crossed the wires less than an hour ago to state that the US supports Japan’s efforts to boost economic growth and beat a 2-decade long deflation cycle.
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New Zealand Electronic Card Retail Sales (MoM) remains at 0.3% in Jan

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