Good evening,

US indices are soaring and probably they will close the session near their intraday highs. Mixed macro data increased intraday volatility, with a core CPI at +0.2% ( +0.1% expected) and a weak Philly at -4.5 (-2.5 expected) that showed a slowdown in manufacturing. EurUsd is retraced below yesterday low and now is losing 94 pips at 1.1379 (-0.82%). UsdJpy is unchanged at 118.83, making a bullish spike considering that was trading this morning at 118.10. Bullish session also for Cable: GbpUsd at 1.5484 is unchanged but at 12:30 GMT was trading at 1.5420.

Gold is up for the 5th consecutive session at 1,185.4  $/oz(+0.47%) and huge Crude inventory data at 7.562M did not stop buying pressure and the commodity recovered its losses. Crude Oil is trading at 46.66 $/barrel (+0.04%).

The Kiwi dollar is continuing its rally that started last month after it made a 6 year low and formed a multiple bottom on the daily chart. The New Zealand CPI  data at 21:45 GMT may trigger profit taking on long position after the 600 pips bullish wave from its September low. During the end of the Asian session BOJ Governor Kuroda will hold a speech (06:35 GMT). Tomorrow the Eurozone CPI should give to the financial community more information regarding the next step of the ECB. The most relevant event in US will be the Industrial Production at 13:15 GMT and then the Reuters/Michigan Consumer Sentiment Index at 14:00 GMT.

(19:30 GMT)