02.09.15

Good morning,

Australia’s Gross Domestic Product figures published in the Asian session have been below the expected outcome. AUDUSD fell as a result and now trades at 0.7028 New Zealand saw the GDT Price Index down on previous figures, while the ANZ Commodity Price for August fell by 5.2% NZDUSD trading at 0.6357 Figures coming out of Japan in the next 24 hours will take a look at foreign bond and stocks investment. USDJPY trading at 120.13

The NIKKEI closed at 18095.40 down 70.29 points or minus 0.39% from the previous close.

In Europe this current session we see Spanish Unemployment Change figures for August, with Sweden’s Current Account and Norwegian Retail Sales figures following. USDNOK trading at 8.3115 while USDSEK was trading at 8.4568 Euro Zone Producer Price Index figures will round off the European data today after we see PMI Construction figures out of the UK EURGBP trading at 0.7356 The ECB will publish their Interest Rate decision tomorrow, and a press statement and press conference with ECB President Mario Draghi following.

The FTSE100 was trading at 6085.96 while the DAX was trading at 10093.84 both up from the previous close.

In the US today we will see MBA Mortgage Applications for August. The ADP Employment Change figures and the Nonfarm Productivity figures will follow. Factory Orders for July then be announced. EURUSD trading at 1.1265 Friday will see Canada and the US Unemployment data. USDCAD trading at 1.3245 USOIL trading at $44.67 per barrel at time of writing.

The DOW closed at 16058.35 down 469.68 points or minus 2.84%

I hope you all have a nice day.