Nikkei 225 shares continued the rally for a third straight day, jumping 0.4% to a new high of 18,332. Investors were little affected by the current Nomura Manufacturing PMI data, which, deteriorated to 51.5 against last month’s reading of 52.2. Meanwhile, bourses in China and Singapore remained closed for Chinese New Year celebrations.
In Europe, the common currency is currently down 0.7% at $1.1285 as investors await the result of the latest negotiations round between Greek officials and northern European creditors. Additionally, most stock exchanges are trading in negative territory as mixed values from Eurozone countries’ manufacturing data continue to signal slow economic growth.
The economic calendar is once again light today, with the most significant information coming from the Markit Manufacturing PMI report.