Jan 02


  • BY: Nati
  • January, 02nd, 2015 7:47 +00:00

Good morning,

As we enter trading in 2015 on a Friday we will most likely ease into it slowly due to a number of market participants availing of a long weekend. Japanese markets remain on shut down, as does New Zealand and China. Next week should be business as usual in Asia. USDJPY trading at 120.47 at time of writing. AUSUSD trading at 0.8137 while NZDUSD trades at 0.7746

The start of the New Year will see the Markit Manufacturing Purchasing Managers’ Index results for Spain, Italy, France, Germany, the Euro Zone, Greece, and the United Kingdom along with the United States throughout the day. Spanish Unemployment Change figures are also due out this session. British Mortgage Approvals and Net Lending figures will also be of interest to traders of Sterling. The Bank of England will announce their Interest Rate decision on Thursday of next week. CABLE trading at 1.5543 while EURGBP trades at 0.7750

Across the Atlantic today we await the Royal Bank of Canada Manufacturing Purchasing Managers’ Index for December and the ISM Manufacturing Purchasing Managers’ Index from the US. Construction spending figures from the United States for November will also be published this session. USDCAD trading at 1.1652 Looking ahead to next week FOMC meeting minutes will be out on Wednesday and then on Friday we will see Unemployment figures from both the US and Canada.

Hope you all have a prosperous 2015.