02.02.15

Feb 02

FUNDAMENTAL ANALYSIS BY NSFX 02.02.2015

  • BY: Nati
  • February, 02nd, 2015 8:26 +00:00

Good morning,

Chinese Manufacturing Purchasing Managers’ Index figures came out slightly below expectations; out at 49.8 when a reading of 50.3 had been expected. Their HSBC Final Manufacturing PMI figures also out slightly below expectations. Japanese Manufacturing PMI out at 52.2 with 52.1 expected. USDJPY trading at 117.57 The Australian Interest Rate decision is due out tomorrow. AUDUSD trading at 0.7790

The NIKKEI was trading at 17558.04 down 116.35 points or 0.66%

Spanish Unemployment Change figures out in Europe this morning along with Spanish, British, Euro Zone, German, French and Italian Manufacturing PMI figures. EURUSD trading at 1.1317. Eurispes research asked a selection of Italians some questions regarding the common currency. 40% said the country should leave the euro and return to the lira.

The FTSE100 was trading at 6772.01 while the DAX was trading at 10741.64 shortly after the open.

Across the Atlantic today Personal Spending figures and Manufacturing Purchasing Managers’ figures are out in the US this session. USDCAD was trading at 1.2752, a level not seen since 2009 was reached last Friday with a high of 1.2757 GOLD trading at $1276 per ounce at time of writing.

The DOW closed at 17164.95 last week.

Hope you all have a good day.