In forex news, the yen and the dollar rose versus the euro before a report economists said will show orders for durable goods in the U.S. fell last month, curbing demand for higher-yielding assets.
The Japanese currency also advanced due speculation domestic investors are repatriating earnings from European government bonds that mature tomorrow. The Australian dollar fell from near its highest level this year against the greenback. In major data releases today to look out for is the USD core durable orders m/m at 1.30pm and the NZD official cash rate at 10.00pm. The FTSE closed yesterday down 57 points at 4,528.
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