The Traderszone Network

Thursday’s surge in oil prices continues as WTI crude taps $31 a barrel, but analysts expect the gains won’t last long.
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Here’s what we can expect today
Draghi’s back and speaking from Davos at 07.45 GMT. Any more news bombs? Unlikely, but as always we shall .
be prepared
After that it’s EZ PMI flash time then UK retail sales and then I’m away for the weekend. Hurrah!

The freezing waters of the Cromarty Firth in Scotland have become a worrying barometer for energy veterans. The FT reports.

Brad Katsuyama and his Investors’ Exchange were lionized in the best-selling book “Flash Boys” as protecting mom-and-pop investors from predatory high-frequency traders. Now nearly two years later, his firm, IEX Group Inc., is counting on that renown to help smooth its path to become a public stock exchange.

A good day at the office fuelled by easing talk and firmer oil
– +941.27
– open 16336.72
– high 16993.96
– low 16332.45
– USDJPY 118.03
The BOJ holds its next 2-day meeting starting 28 Jan

Nikkei still on the charge as we head into the close at the top of the hour
– new highs of 16984.15
– +966.85
– +6.05%
– USDJPY has taken out the last of the offers around 118.00 to post 118.10