Feb 18


  • BY: Nati
  • February, 18th, 2015 8:20 +00:00

Good morning,

Chinese markets will remain closed for the rest of the week for New Year celebrations. The Bank of Japan decided to maintain its pledge to increase base money by 80 trillion yen per annum. USDJPY trading at 119.10 Foreign Investment in Japanese stocks and bonds will be announced in the coming 24 hours, as will the Merchandise Trade Balance figures.

The NIKKEI was trading at 18199.17 up 212.08 points or 1.18%

In Europe today the main focus will continue to be the talks taking place regards the Greek situation. Bank of England voting numbers and meeting minutes will also be in focus today, with EURGBP trading at 0.7426 levels not seen since 2008. Other data releases in Europe today will include the ZEW Survey of Swiss Expectations, and Euro Zone Construction Output.

The FTSE100 closed at 6898.13 up 41.08 points or 0.60% while the DAX closed at 10895.62 down 27.61 points or minus 0.25% following Tuesday’s European session.

The FOMC meeting minutes will be the main even from the US today. Industrial Production figures for January are expected to grow by 0.3% EURUSD trading at 1.1387 Canadian Retail Sales figures come out on Friday but today Wholesale Sales figures are expected to grow by 0.3% in December. USDCAD trades at 1.2407 at time of writing. GOLD trading at $1210 per ounce.

The DOW closed at 18047.58 up 28.23 points or 0.16%

Hope you all have a nice day.