Morning Call by Traders University

Yesterday the FTSE closed up 84 points at 4,631, and the Dow closed up 82 points at 9,154. In forex news, the dollar fell against the euro as the market sought higher yielding currencies. There is increased sentiment from positive economic data and rising stocks that the world is recovering from the recession which is increasing risk appetite. The yen also fell against Australian dollar on the strength of global equities, encouraging investors to seek higher yielding assets. In data releases today there is the CHF KOF economic barometer at 10.30am; CAD GDP and USD advance GDP at 1.30pm.