Список проголосовавших за комментарий "S&P futures vs fair value: +1.50. Nasdaq futures vs fair value: +1.60.<p>The S&P 500 futures trade two points (0.1%) above fair value.</p><p>Equity indices in the Asia-Pacific region ended the week on a mostly higher note, but participation was reduced due to holiday closures in China, Singapore, and South Korea. The Japanese yen (115.07) is lower by 0.5% against the dollar after slipping in reaction to the Bank of Japan's announcement, indicating purchases of Japanese Government Bonds with maturities between five and ten years will be increased to JPY450 billion from JPY410 billion.</p><ul><li>In economic data:<ul><li>Japan's December National CPI +0.3% year-over-year (expected 0.2%; last 0.5%) and National Core CPI -0.2% year-over-year (consensus -0.3%; last -0.4%). January Tokyo CPI +0.1% year-over-year (expected 0.0%; last 0.0%) and Tokyo Core CPI -0.3% year-over-year (consensus -0.4%; last -0.6%)</li><li>Australia's Q4 Import Price Index +0.2% quarter-over-quarter (expected -0.5%; last -1.0%) and Q4 Export Price Index +12.4% quarter-over-quarter (consensus 11.0%; previous 3.5%)</li></ul></li></ul><p><em>---Equity Markets---</em></p><ul><li><strong>Japan's</strong> Nikkei added 0.3% to end the week higher by 1.7%. Bridgestone, Casio, Trend Micro, Hitachi Construction, Mitsubishi Motors, Fast Retailing, and Hino Motors gained between 1.0% and 2.9%. On the downside, Dainippon Screen Manufacturing, Konami, Komatsu, and Nissan Motor lost between 0.5% and 1.9%.</li><li><strong>Hong</strong> <strong>Kong's</strong> Hang Seng shed 0.1%, but gained 2.1% for the week. Energy-related names like China Petrol & Chemical and PetroChina lost near 1.0% apiece while financials were mixed. Bank of China, China Construction Bank, and Ping An Insurance lost between 0.2% and 0.6% while HSBC and Hang Seng Bank added 0.1% and 0.9%, respectively.</li><li><strong>China's</strong> Shanghai Composite was closed for Lunar New Year. The index gained 1.2% for the week.</li><li><strong>India's</strong> Sensex climbed 0.6%, extending its weekly gain to 2.4%. Bank shares had a solid showing with ICICI Bank, SBI, AXIS Bank, and HDFC Bank rising between 0.5% and 4.7%. Tata Motors and Hero MotoCorp both lost near 0.7% while ITC was the weakest performer, falling 2.8%.</li></ul><p>Major European indices trade mixed, with the UK's FTSE (+0.1%) showing relative strength. The euro is higher by 0.1% against the dollar at 1.0688 while the pound has slid 0.4% to 1.2551. French Finance Minister Michel Sapin cautioned that time to reach an agreement on the next installment of the Greek bailout is running out. Greek officials have reportedly been asked to implement more austerity measures past 2018, but there has been pushback from the Greek side. On a separate note, British Prime Minister Theresa May is scheduled to meet with US President Donald Trump to discuss trade policy and the current state of NATO.</p><ul><li>In economic data:<ul><li>Eurozone December M3 Money Supply +5.0% year-over-year (consensus 4.9%; last 4.8%)</li><li>Germany's December Import Price Index +1.9% month-over-month (expected 1.3%; last 0.7%); +3.5% year-over-year (consensus 2.7%; previous 0.3%)</li><li>France's January Consumer Confidence ticked up to 100 from 99, as expected</li><li>Italy's January Consumer Confidence 108.8 (expected 110.6; last 110.9) and January Business Confidence 104.8 (consensus 103.5; last 103.7). December Wage Inflation 0.0% month-over-month (last 0.1%); +0.4% year-over-year (last 0.4%)</li><li>Spain's December Retail Sales +2.9% year-over-year (consensus 3.3%; previous 3.2%)</li></ul></li></ul><p><em>---Equity Markets---</em></p><ul><li><strong>UK's</strong> FTSE is higher by 0.1% despite select financials residing among the laggards. Prudential, Barclays, Lloyds Banking, RBS, Standard Chartered, and Standard Life are down between 0.3% and 0.8%. Energy names also trade in negative territory with BP down 0.5% and Royal Dutch Shell lower by 0.1%.</li><li><strong>Germany's</strong> DAX has slipped 0.2% amid weakness in heavyweight components like Deutsche Bank, Daimler, BMW, and Continental. The four names are down between 0.5% and 1.1%. Air carrier Lufthansa leads with a gain of 2.2%.</li><li><strong>France's</strong> CAC has surrendered 0.5%. Nokia is down 2.3% while consumer names like Carrefour, Kering, Danone, and Louis Vuitton show losses between 0.4% and 1.8%. Financials trade mostly lower with BNP Paribas and Credit Agricole down 0.3% and 0.9%, respectively.</li></ul>"