The Traderszone Network

Fresh highs have brought a few sellers as we head into the close at the top of the hour
– currently 16092.12
– +7.62%
– session highs 16,155.10
– USDJPY 113.92 after failing at 114.00
Good res/supply at 114.00 having a say after steady gains in both Nikkei and USDJPY today.

Squawk Box Live in Europe is tracking market moves after Japan’s worse-than-expected Q4 GDP figure and disappointing trade data from China.

Here’s the data calendar for the European session
It’s a US and Canadian holiday today and we have a very thin list of data to add anything to the pot.
We wait to see whether that will make any difference to the trading volumes/price action.

The yuan hit a 2016 high on Monday, after the People’s Bank of China’s governor talked up the central bank’s plans for the currency.

The yuan hit a 2016 high on Monday, after the People’s Bank of China’s governor talked up the central bank’s plans for the currency.

A good start to the week as soft data brings talk of
further need for easing
– currently dipping back a bit to 16018.91
– +7.14%
– +1076.85
– USDJPY 113.94 after failing to breach 114.00 so far

Japan GDP data was out earlier today:
and:

MNI report that BOJ economists “are looking at the tiny bright spot in the Q4 GDP data”: