Market Update - Important PPI figures today

JGB’s rising to highest level since September as BoJ looks likely not to raise interest rates tomorrow. Rates are announced tomorrow.

Despite the low Empire Manufacturing data, the USD continued higher. US PPI today and CPI tomorrow will prove whether or not the current dollar rally is for real.

Overall market range-bound but plenty of action at the sector level: technology and banks still firm while energy shares continues to be under pressure.