Unemployment claims down. Wall street closes at its highs

Asian stocks up after various uncertain sessions. Uplift came after US unemployment claims came in lower than expected. These gave a boost to European and US stocks. Nikkei starts the session strong up 1%, following the news, but soon retraced some of it’s gains the Yen appreciated against the dollar to 118 for the dollar.

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Categories: Forex-Daily

Traders await FOMC. Poor data push US markets lower

Asian session the stock markets closed in positive territory ahead of the FOMC meeting as Asian currencies loose strength against the dollar, good news for exporter countries. The Tokyo Stock Exchange closed on its highs of the last 30 days, closing at +17795.73 0.2%, while the broader Topix index rose more than 0.3%. The weakness

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Categories: Forex-Daily

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