international news

2013. nov. 25.

Asian stock markets were trading mostly higher on Monday, as sentiment was lifted after Western powers reached a historic deal with Iran over its nuclear program over the weekend.
In Tokyo, the Nikkei rallied to the highest level since May as the yen weakened against the U.S. dollar amid mounting expectations that the Bank of Japan will implement additional monetary easing measures next year.
Talks among the U.S., Russia, China, Britain, Germany, France and Iran ended in agreement on a "first step deal" that is meant to limit advancements in Iran's nuclear program in exchange for easing economic sanctions against Tehran.
The EUR has been trading mixed against its major counterparts this morning while European indices started the day in the green.
European Central Bank officials have indicated the possibility of further rate cuts if needed, citing lower inflation levels. With no major data releases today, the US Pending Home Sales data scheduled for GMT1400, will be on traders' radar for further insights into the US central bank's plan for tapering its bond purchases.

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