Oct 16


  • BY: Nati
  • octubre, 16th, 2014 7:59 +00:00

Good morning,

Chinese banks made 857.2 billion yuan worth of new loans in September beating expectations. Australian Consumer Inflation Expectation for September grew by 3.4% slightly less than the 3.5% printed previously. AUDUSD trading at 0.8747 while USDJPY trades at 106.07 Japanese Foreign investment figures are out in the next 24 hours.

The NIKKEI was trading at 14738.38 down 335.14 points, a decline of 2.22%

In Europe today Italian Trade Balance figures are due to be published this morning, with Euro Zone Consumer Price Index figures and Trade Balance due out shortly afterward. The Bank of England’s Martin Weale said that the bank should look towards the unemployment rate, which dropped to 6% from 6.2% yesterday (beating expectations), when they are considering raising the interest rate. GBPUSD trading at 1.5971 with EURGBP trading at 0.7998

The FTSE100 was trading at 6257.23 up 45.59 points or 0.73% while the DAX was trading at 8614.92 up 42.97 points or 0.50%

In the US today we will see updated Jobless Figures, Initial Jobless Claims for the 10th of October are expected out at 290K from 287K previously. Other data due for release today will include EIA Gas and Oil storage figures, USOIL is trading at $80.76, after hitting $80.02 during yesterday’s session, a level not seen since June 2012. Canadian Consumer Price Index figures are due out during tomorrow’s session, with USDCAD trading at 1.1272, following a pullback after a fresh yearly high of 1.1385 was printed yesterday. This is the highest the pair has traded since July 2009.

The DOW closed at 16141.74 down 173.45 points, or minus 1.06%

Hope you all have a good day.