Market Buzz

Yen strength overnight as Japanese Finance Minister Omi says that he won’t oppose to a BoJ hike on Thursday.

We still expect US data should prove to us whether or not the current dollar rally is for real. Watch Empire Manufacturing today.

Quiet session in equity markets as the US was closed. Big tech-week wrt. earnings: Intel, Apple, IBM and Motorola.

The announcemenets from OPEC to make an early output call did not have any effect in the market. Still trading below $53/bbl.