Equities in Europe are in a rather cautious mode following a robust day of gains on Japanese Indexes.
Category : Stocks and ETFs
Japanese equities have opened this morning with another roar higher.
Global equity exchanges have reestablished upward momentum the past few sessions and have almost created a balance after February’s brutal declines to start the month.
The Nikkei Index has powered higher today and Revised Industrial Production numbers from Japan were strong.
The Consumer Price Index did not disappoint yesterday when is showed U.S inflation was stronger than expected. The U.S Dollar became weaker and Wall Street surged on the news.
Forex has been choppy as global investors await the Consumer Price Index data from the U.S shortly, the results will impact the broad markets.
Broad market conditions remain challenging. Wall Street did put in slight gains yesterday, but global investors remain nervous. Important Core CPI and Retail Sales data will come from the States today.
The Yen is strong and near 15 month highs, while the Nikkei Index has continued to struggle.
Core Consumer Price Index data will come from the States tomorrow, along with Retail Sales.
European equities have stumbled as the U.S Dollar has become weaker. Japanese equities traded lower this morning, but the Shanghai Shenzhen and Hang Seng were positive