Australian Share Market and Bank of Japan

AEDT: And the Australian share market looks set to open higher following gains on world markets after the Bank of Japan unexpectedly cut its interest rate to below zero, according to Nine News Australia. At 0645 AEDT on Monday, the share price futures index was up 37 points at - US economic growth braked sharply in the fourth quarter as businesses stepped up efforts to reduce an inventory glut and a strong dollar and tepid global demand weighed on exports. At 0630 AEDT on Monday, the local unit was trading at 70.84 US cents, down from 71.25 cents on Friday. BRUSSELS - Inflation appears to be picking up across the 19-country eurozone despite super-low oil prices. ANKARA - Iran has cancelled an oil conference in London in February, when Tehran was expected to reveal its new oil and gas contracts to investors, apparently over a delay in getting visas. PARIS - France economy grew by a weak 1.1 per cent in 2015, as its last quarter was weighed down by the November 13 terror attacks in Paris and an unseasonably warm winter. (news.financializer.com). As reported in the news.