Dec 22


  • BY: Nati
  • December, 22nd, 2014 10:58 +00:00

Good morning,

This session in Asia saw the publication of the Bank of Japan’s Monthly Economic Survey. USDJPY trading at 119.79 ahead of the public holiday for the Emperor’s Birthday. Wednesday will see BoJ Monetary Policy Meeting Minutes. Japan will be the most active market this week, due to data releases either side of Christmas Day, including a speech from BoJ Governor Kuroda.

The NIKKEI was trading at 17635.14 up just 13.74 points or 0.08%

In Europe we got off to a quiet start to the week on the data front. German Import Price Index figures disappointed expectations, and Italian Trade Balance with non EU nations came in lower than the previous reading. This week is expected to have a lower volume than usual due to the holiday season. EURUSD trading at 1.2255 at time of writing. Euro Zone Confidence figures will round off the European session today.

The FTSE100 was trading at 6592.50 while the DAX was trading at 9853.56 both opening higher than last week’s close.

US Markets today have not a lot of data releases, but existing Home Sales change figures for November and the Chicago FED National Activity Index are the main things to watch there. Tomorrow will see the important GDP figures and Durable Goods Orders for November. USOIL trading at $57.60 per barrel this session.

The DOW closed last week at 17804.80

Hope you all have a nice week.