Dec 23


  • BY: Nati
  • December, 23rd, 2013 8:34 +00:00

Good morning,

Asia heads into the Christmas week with little action expected until after Wednesday when Bank of Japan’s Governor Kuroda makes a speech ahead of the release of a raft of figures on the 26th. The USD/JPY pair was trading below 104 again at 103.95 with a high of 104.06 and a low of 103.92 so far.

The NIKKEI was trading at 15870.42 up 11.20 points or 0.07%

European markets are expected to have little action take place today and tomorrow ahead of the Christmas break, figures this morning include a UBS Consumption Indicator for last month in Switzerland and Italy’s Consumer Confidence figures. Tomorrow will see Mortgage Approval figures from the UK and French GDP and Consumer Spending numbers.

The FTSE100 closed at 6629.19 up 22.61 or 0.34% while the DAX closed at 9434.89 up 34.71 points or 0.37%

US and Canadian figures released today include the Canadian GDP figure for October, with 0.2% growth expected. The US will release data on income and expenditure along with the Reuters/Michigan Consumer Sentiment Index. EUR/USD was trading at 1.3678 with a high of 1.3694 and a low of 1.3672 so far, while USOIL trades above $99 per barrel for the first time since October.

The DOW closed at 16221.14 up 42.06 points or 0.26%

Hope you have a good week.