Asian markets are expected to open higher despite the negative sentiment from the US session.
In Japan Nikkei225 is expected to open at 17447 with 111 point increase and in Australia ASX 200 at 5311 with 16 higher.
Last yen depreciation will support Japanese stocks and mainly major exporters and balancing by commodities prices is positive for the Australian fund market.
Oil stays at key levels and is traded at 49,62$ a barrel. Break below 49$ will likely lead to downward impulse which will have negative impact over the stocks prices at all.
Today at 02:30 we will wait for data from Japan about household spending, CPI and unemployment rate, as mostly we can expect negative data by CPI which will have negative impact over yen. At 03:00 will be released new home sales from Australia and at 03:30 PPI again from Australia.
On the forex market USD stays most dominating currency as dollar index in now at February 2016 high a little below 99.00.
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