Good evening,

today the economic calendar was rich of events: during the Asian session both the Yen and the Nikkei increased sharply their volatility during and following BOJ Kuroda speech. In Eurozone the CPI data at +1% was slight above the consensus (+0.9%). In US the GDP figures matched the expectations, with a+0.8% growth during Q4 and Trade Balance deteriorated $1B compared the previous month. In Canada the GDP data also matched consensus analysts, with +0.3% MoM (November).

In US indices will close in positive territory for the second consecutive week after it was reach last week a 18 month low. The S&P500 is gaining 32.55 points at 1,927.36 (+1.80%).  Crude Oil also will close in positive territory for the second consecutive week and Gold is consolidating above 1,100 $/oz  at 1,116.7 $/oz (+0.05).

EurUsd is down 110 pips at 1.0830 (-1.01%) and Cable is trading at 1.4229. The Japanese Yen is the loser of the day, and both Kiwi and Aussie dollar are flat against the Greenback. UsdChf may reach soon its multiyear high 1.0318.