S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketSterling remains firm, holding just under its recent high as UK shop prices rise, according to Scotiabank’s Daily FX Update by Shaun Osborne and Eric Theoret. The report notes that markets are not pricing in further Bank of England easing until mid-year, reflecting a shift in easing risk.
GBP shows strength on price data
“Data released late yesterday showed that UK shop prices remain elevated. The British Retail Consortium’s index of commonly purchased goods jumped 1.5% this month, the strongest gain in nearly two years.”
“Spot retains a lot of bullish moment, according to the DMI oscillators, and new cycle highs, which will reinforce the bull trend appear to be a matter of time.”
Today Markets
