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22 May 2013

Nikkei climbs above the 15550 points mark, highest since late 2007

FXstreet.com (Barcelona) - With Hong-Kong still closed for trading due to severe raining and thunder storm, and Nikkei posting another record high above the 15500 points, highest since late 2007, Korean Kospi is higher by +0.51%, and Australian ASX is down by -0.45%.

Already out the BoJ's statement, Nikkei index is up +1.16% for the day adding to +77% gains since last Nov when anticipated elections were called in Japan, last above the 15550 points mark. Shanghai is also closed, while Hong-Kong's Hang-Seng will reopen by the local afternoon time, once authorities have downgraded the severity of the storm, that has been published delivering more than 11k lightening strikes in the last hours.
May 22, 2013

Flash: We still think an RBA cut in June remains unlikely - NAB

As market participants continue to debate whether the RBA will decide to act with another interest rate cut at the next meeting, some analysts are point to the recently released Westpac Consumer Confidence numbers as a sign that consumer sentiment hasn’t reacted as positively to the last rate cut as the RBA may have hoped.
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May 22, 2013

Session Recap: Nikkei on fire; USD going nowhere ahead of Bernanke

Another session in the Asia-Pacific with relative intraday volatility, just to end pretty much as it started, with USD index around the 83.80 level, off session lows at 83.68. EUR/USD posted fresh weekly highs at 1.2939, last unchanged at 1.2918, AUD/USD printed session lows at 0.9778 off session highs at 0.9828, while USD/JPY is glued to the 102.50 mark, in the middle of the 102.65/35 range.
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