What you need to know before the open – 15/01
European bourses are expected higher this morning, after a US rebound on positive retail sales.
In Wednesday trading the Nikkei climbed 2.5 per cent – its best one-day gain in four months.
The World Bank upped its growth forecast for the first time in three years yesterday, as leading economies continue to pick up pace.
Weaker Yen sees NIKKEI rock 'n roll today – +2.5% – Positive sentiment from US sees ASX +0.64%, Hang Seng +0.43%, though Shanghai -0.51%
— David Buik (@truemagic68) January 15, 2014
ETX Capital #morningcall: FTSE100 up 20 points, the DAX higher by 28 points and the CAC40 up by 13 points
— ETX Capital (@ETXCapital) January 15, 2014
Key events:
- Spain CPI for December at 8.00am. Expected unchanged at 0.2 per cent.
- UK CB leading economic index for November at 10.00am.
- US MBA mortgage applications (10 January) at 12.00pm.
- US producer price index for December at 1.30pm. Expected at 1.1 per cent from 0.7 per cent.
- US Fed's beige book at 7.00pm.