Jun 02


  • BY: Nati
  • June, 02nd, 2014 8:26 +00:00

Good morning,

After the weekend we see the USD opening strongly against the JPY, with the pair currently trading at the 102 figure. Thailand is still under martial law, with a military curfew imposed on the country. Positive data outlook for China as factory activity improved. The Purchasing Manager’s Index rose to 50.8

The NIKKEI was trading at 14935.92 up 303.54 points an increase of 2.07%

Europe sees a high volume of data due out today, starting with below expected Markit Manufacturing figures. Great Britain will publish M4 Money Supply data. German consumer Prices figures will also be out this afternoon, with Euro Zone figures due out tomorrow. GBPUSD was trading at 1.6760 while EURGBP was trading at 0.8117

The FTSE100 closed at 6862.42 up 17.91 or 0.26% while the DAX closed at 9968.28 up 25.01 or 0.25%

The US will also see Markit Manufacturing figures released along with the ISM Manufacturing Purchasing Manager’s Index result. GOLD has fallen to $1240 per ounce which sees a drop of $50 in one week. USOIL was trading at $103.09 at the time of writing. USDCAD was trading at 1.0855 with the Bank of Canada Interest rate decision due for announcement on Wednesday.

The Dow closed last week at 16717.17

Hope you all have a good week.