02.10.15

Oct 02

FUNDAMENTAL ANALYSIS BY NSFX 02.10.2015

  • BY: Nati
  • October, 02nd, 2015 8:20 +00:00

Good morning,

Japan’s Unemployment Rate missed the expectations in that it rose to 3.4% when an unchanged 3.3% was forecast. USDJPY trading at 120.05 Overall Household Spending for August was up much higher than had been expected. Aussie Retail Sales figures for August were in line with expectations growing at 0.4% month on month. AUDUSD trading at 0.7042

The NIKKEI closed at 17725.13 following trading in Tokyo.

European markets today will be quiet on the data front with the Spanish Unemployment Change for September being followed by Norway’s Unemployment Rate and the United Kingdom’s PMI Construction figures out before the Euro Zone will announce the Producer Price Index figures for August. USDNOK trading at 8.4547 while EURGBP trades at 0.7374

The FTSE100 was trading at 6149.09 while the DAX was trading at 9605.01 early in the session.

In the US today Non-farm Payrolls figures and the Unemployment Rate will be the main event. 203k jobs are expected to be added in September. GOLD has been down this week with the current price for an ounce of the shiny metal set at $1108 USOIL trading at $45.53 per barrel. EURUSD trading at 1.1166

The DOW closed at 16272.01 at the end of trading on Thursday.

I hope you all have a nice day, and an even better weekend.