John finds that buyers often focus on the monthly payment and waiting to purchase after mortgage rates have gone up will substantially increase their monthly payments and the overall cost of the property.

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By then it will be time to focus short-term again on the next monthly economic reports, from the housing industry, consumer confidence, and employment reports.

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Away from Japan, China's monthly slew of economic data was in focus on Friday.

WSJ: Asian Shares Mixed; Japan Outperforms

Periodically, I see articles dismissing this type of analysis, but invariably, the focus is just on the daily data and not the weekly or monthly.

FORBES: Gold's Top: A Win for Divergence Analysis

"What we have to do is to start changing people, and that's what this system is about, it's to try to allow us to focus on those who really need our help while letting the vast majority who are on monthly payments, when they fall out of work, stay in the system they were in and used to when they were in work, " he said.

BBC: IDS: Universal credit 'simpler and quicker'

Instead of monthly meetings as before, the committee will meet on Tuesdays and Fridays, beginning this week, to focus on business results, products, brands and customers.

FORBES: Back To Business At GM