Greek Elections don’t affect the markets

Fears of the Greek election eroded yesterday as we saw all major bourses up on the session. Starting from the Asian Markets, the Nikkei was trading at 17768.30 up +1.7%, the same the Topix trading at 1426.38. Investors feel confident that Alexis Tsipras will be able to find an agreement for Greece to stay in

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Categories: Forex-Daily

Elections in Greece add uncertainty to the Euro zone – the dollar benefits

Last night in the Greek Election Syriza Surges to power, gaining a lot of votes but falling short of an outright majority, thus he announced to form a coalition with the right wing – Greek independent party. First day of the week, after the Syriza victory we saw majour Asian stock markets close negative after

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Categories: Forex-Daily

60 Billion Euro Bazooka plan till the end of September 2016

Asian Stocks were up overnight after the ECB introduced Quantitative Easing into the Euro-zone, furthermore we had good data from the Manufacturing PMI pushing up Asian stocks. Shanghai, was the only market that showed signs of weakness closing at (-0,16%). Tokyo reaches 1 year highs and closing at +1,05%, while the Toppix closing +0,99% at 1.403.

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Categories: Forex-Daily

13:30 GMT ECB Meeting: QE Yes or No?

Asian markets not much change as they wait for the ECB conference today at 13:30 GMT .  There was a slight rally in Chinese shares as the People’s Bank of China pumped funds into the financial system. Nikkei closed Up 48.54(0.28%), and the Toppix closed flat on the session.  KOSPI Index, too, closed flat on the session but we saw

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Categories: Forex-Daily

Promising Data from China- Europe attends the ECBs QE

After two strong days in Tokyo, the Nikkei 225 Pauses its uptrend awaiting the ECB’s meeting tomorrow that the ECB Press Conference. In Parallel the central bank of Japan has increased its stimulus in the economy lowering the inflation rate expectation. Nikkei closed flat with a minor loss of  -0.5%, simiar to the Topix (TPX). Seul was up a

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Categories: Forex-Daily