Feb 19


  • BY: Nati
  • February, 19th, 2015 8:36 +00:00

Good morning,

The Japanese Leading Economic Index for December came out at 105.6 up from 103.7 previously. The Coincident Index was also up on the previous reading. However the All Industry Activity Index fell by 0.3% USDJPY trading at 118.72 Exports for January were up by 17% year on year. Chinese New Year holidays are underway, with markets closed till next week.

The NIKKEI was trading at 18264.79 up 65.62 points or 0.36%

In Europe the expectation is that Greece will seek an extension of the loan as it faces running out of money in the coming weeks. German Finance Minister Wolfgang Schaeuble has said the Greek government will have to give some concessions and assurances as to repayments. EURUSD trading at 1.1418

The FTSE100 was trading at 6870.77 while the DAX was trading at 10961.00 early in the session.

Across the Atlantic today Jobless Claims figures will take the main focus in the US, GAS and USOIL traders will be looking towards the EIA change figures. USOIL trading at $51.22 per barrel at time of writing. Canadian Retail Sales figures for December will be out tomorrow, with USDCAD trading at 1.2462

The DOW closed at 18029.85 down just 17.73 points, for a drop of 0.10%

Hope you all have a nice day.