Jan 21


  • BY: Nati
  • January, 21st, 2015 7:46 +00:00

Good morning,

The Bank of Japan cut next fiscal year's inflation forecast to 1.0 percent from 1.7 percent projected three months ago. The Leading Economic Index for November was published at 103.9 from 104.5 previously; the Coincident Index came out at 109.2 from 109.9 previously. USDJPY trading at 117.56

The NIKKEI was trading at 17280.48 down 85.82 or minus 0.49%

In Europe today the Bank of England will publish meeting minutes and voting numbers. The ILO Unemployment Rate is expected to drop to 5.9% from 6.0% this morning. CABLE was trading at 1.5172 with EURGBP trading at 0.7618 ECB Interest Rate decision due out during tomorrow’s session, with a sovereign bond purchase programme expected to commence by a number of polls.

The FTSE100 closed at 6620.10 up 34.57 points or 0.52% while the DAX closed at 10257.13 up 14.78 or 0.14%

The Bank of Canada will publish their Monetary Policy Statement today, and announce their updated Interest Rate decision. In the US Housing Starts and Building Permits figures for December are expected to improve on Novembers numbers. USDCAD trading at 1.2077 while EURUSD trades at 1.1568 GOLD traded above $1300 for the first time since August last year during yesterday’s session.

The DOW closed at 17515.23 yesterday.

Hope you all have a nice day.