Dec 01


  • BY: Nati
  • December, 01st, 2014 8:36 +00:00

Good morning,

Chinese manufacturing figures disappointed in November. The country's manufacturing PMI missed expectations coming in at 50.3, analysts expected 50.5. The Reserve Bank of Australia will take their interest rate decision, which is expected to remain unchanged at 2.5% AUDUSD trading at 0.8443

The NIKKEI was trading at 17590.10 up 130.25 points or 0.75%

In Europe today there will be Markit Manufacturing data from Italy, France, Germany, the Euro Zone, Greece and the UK. EURGBP trading at 0.7959 Thursday will see the European Central Bank Interest Rate decision, the rate currently stands at 0.05%. Also on Thursday the Bank of England will publish their own updated Interest Rate decision, which is expected to remain unchanged at 0.5%

The FTSE100 was trading at 6722.62 following the open while the DAX was trading at 9959.91.

Across the Atlantic today we will see the RBC Manufacturing Purchasing Manager’s Index, and the ISM and Markit Manufacturing PMI figures from the US. USDCAD was trading at 1.1440. GOLD fell following the Swiss vote saw a rejection by voters that 20% of its 520-billion-franc balance sheet be held in gold. USOIL has fallen to trade at $64.27 a price not seen since mid 2009

The DOW closed at 17828.24 on Friday.

Hope you all have a good week.