sp'60min
Summary
*awaiting econ-data..
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The BoJ do nothing, aside from a veiled hint they might soon reverse NIRP, but then.. they said NIRP would not happen mere days before they began it. Anything being spouted from Kuroda is not to be trusted.
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As for the likely opening declines... marginally interesting, but again... its NOT significant. The lower hourly bollinger is rising, and by end of today should keep the market well above 1990.
A spike higher on Wed' afternoon still seems probable.
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Overnight action....
Japan: -0.7% @ 17117
China: late day recovery, +0.2% @ 2864
Germany: currently -0.6% @ 9933... 10K remains powerful resistance
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8.31am..
Retail sales: m/m -0.1%, with a lousy revision to -0.4% for previous month
PPI:m/m -0.2%....
Empire state manu': 0.62... much recovered from recent months.
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Equities not pleased... sp -13pts... 2006.