Asian markets are lower for choice this morning with the Nikkei dragging sentiment by moving just over 2% lower. The decision by the BOJ to delay further stimulus measures has pushed the Yen higher, now trading just higher than 88, and as a consequence exporters have suffered. Elsewhere in the region, South Korea's finance minister has said that they will be willing to intervene to curb excessive strength in the Won.

In Europe futures are looking slightly firmer, ECB's Draghi has said there is simply no evidence that could substantiate fears about deviation from price stability and the ECB remains committed to stability.  Today we have BOE minutes and UK jobless claims.

US markets closed at session highs, following better than expected earnings reports, both IBM and Google reported better than expected results after the close and were sharply higher in after hours trading. Today Apple ($13.48), McDonalds ($1.33), United Technologies ($1.03) and General Dynamics ($1.90) are due to report.


Philip Ball | Sales and Trading