US stocks climbed further on Friday, closing at record levels. Markets benefitted from a decision by the Bank of Japan to extend monetary stimulus by another ¥10 billion to ¥80 Billion per year.
Asian markets were mixed today with the Nikkei remaining closed for a holiday, while European markets were lower today after weak data.
Oil is under pressure due to the stronger Dollar and weak Chinese data. China is the second biggest consumer of oil and lower data could lead to lower demand. The price is inching higher today as traders take advantage of the low price.
Gold is trading around its lowest price since 2010. Commodity prices are under pressure after Oil reached such a surprising low and investors are hesitant to trade in such a risky market.
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