02.07.15

Jul 02

FUNDAMENTAL ANALYSIS BY NSFX 02.07.2015

  • BY: Nati
  • July, 02nd, 2015 9:11 +00:00

Good morning,

Japanese figures overnight showed us that foreign bond investment was down, while stock investment rose. USDJPY trading at 123.48 Australia’s Trade Balance missed expectations, with Imports falling by 4% in May while Exports were up by 1% AUDUSD trading at 0.7615 Retail Sales figures coming in the next 24 hours from Australia.

The NIKKEI closed at 20522.50 after gaining 193.18 points or 0.95%

In Europe Greece is still the main topic of conversation. The Swedish Riksbank reduced their base Interest Rate by 10 basis points this session to -0.35% from -0.25% USDSEK trading at 8.4262 Spanish Unemployment Change figures for June missed expectations, with Britain’s PMI Construction figures for May beating expectations. EURGBP trading at 0.7095

The FTSE100 was trading at 6608.10 while the DAX was trading at 11191.61 early in the session.

Across the Atlantic today we get the Non-Farm Payrolls figures a day early on account of the Independence Day holiday tomorrow. The Unemployment Rate is expected to drop to 5.4% from 5.5%, while the NFP figure is expected to be out at 233K. EURUSD trading at 1.1067 The Canadian RBC Manufacturing PMI will be out today. USDCAD trading at 1.2619 USOIL selling at $57.17 per barrel.

The DOW closed at 17757.91 gaining 138.40 points or 0.79%

Hope you all have a nice day.