Dec 19


  • BY: Nati
  • December, 19th, 2014 8:06 +00:00

Good morning,

The Bank of Japan overnight left rates unchanged at 0.1% Japan’s central bank will also boost the monetary base at an annual pace of 80 trillion yen. USDJPY trading at 119.23 with AUDUSD trading at 0.8171 with lows this week not seen since June 2010.

The NIKKEI was trading at 17621.40 gaining 411.35 points or 2.39%

European markets will today see Industrial figures and wage inflation data from Italy, British Public Sector Net Borrowing figures for November, along with the CBI Distributive Trades Survey for December. Norwegian Unemployment figures are also due out this session, with a current rate of 2.6% and USDNOK trading at 7.3826

The FTSE100 closed at 6466.00 up 129.52 points or 2.04% while the DAX closed at 9811.06 up 266.63 points or 2.79% at the close of the session.

The US will not see much data of importance today with Charles Evans Federal Reserve Bank of Chicago President to speak today, and the Kansas Fed Manufacturing activity for December published. EURUSD was trading at 1.2287 at time of writing. Canadian figures today include the Retail Sales figures for October along with the important Consumer Price Index figures for November. USDCAD trading at 1.1578

The DOW closed at 17778.15 up 421.28 points for a2.43% improvement on Wednesday’s close.

Hope you all have a nice weekend.