07:55am  ~  Up quite early this morning, I’m driving upto the cottage in Suffolk as I’ve got a clay-pigeon shoot at a friends farm this afternoon.

Overnight the Asian trading session was quite buoyant which should rub off on today’s European markets. Over here the two main events are going to be the Central Bank meetings although the Bank Of England one is being widely billed as a non-event.  The ECB meeting should be slightly more exciting with the markets pressurising Mario Draghi to do something about deflation risks in the Eurozone.  Yesterday’s U.S. economic data came out better than expected and that pushed up the Dow Jones slightly to end at 15448 up 41 points.

Weekly U.S. oil inventories showed an expected drop in stocks together with unusually high demand due to bad weather pushed the WTI price higher although late session profit taking brought the value down 34 cents into the red at $97.26.

23:05pm  ~  No trading for me today, I’ve been out all afternoon/evening up the road at a friend’s farm.