Asian markets have been slightly higher today despite a weak set of Japanese industrial data which saw industrial production falling by 3.4% which was worse than expected. Alongside comments coming from the People’s Bank of China about the slide in growth this has the potential to drive further easing to monetary policy by both Japan and China. This allowed the Nikkei to close around 0.8% higher. European markets are set to follow the Wall Street bounce into the close and are currently seeing early gains. In forex trading the majors are all under a little bit of pressure against the US dollar with Cable seemingly ... (full story)