02/05/2014
FUNDAMENTAL ANALYSIS BY NSFX 02.05.2014
- BY:
- May, 02nd, 2014 8:32 +00:00
Good morning,
In Asia the Nikkei lost 28 points to 14,458 (-0.19%) and In Hong Kong the Hang Seng gained 128.77 points to 22,262.74 (+0.58%). The CSI composite in China closed at 2,026.36 (+0.30%), up 6.02 points. In Europe the Stoxx50 is losing 7.21 points at 3,191.45 (-0.23%) and in UK the FTSE100 is up 2.52 points at 6,911.39 (+0.04%). Today at 12:30 GMT Non Farm Payrolls is going to increase the volatility of all asset classes and the S&P500 could test again 1,900 area.
In the currency market EurUsd is trading at 1.3855 (-0.1%), down 13 pips and UsdJpy is consolidating above 102 at 102.48 (+0.15%), up 15 pips. GbpUsd is trading at multiyears high even failed to rise above 1.69. Is important to close the session above 1.6820 and now is at 1.6888 (-0.03%), down 5 pips. UsdChf is just above 0.88 at 0.8801 (+0.09%). Volatility in the FX market still at low level and many pairs are trading near their multiyear highs.
Gold is down 14 cents at 1,283 $/oz (-0.01%) and Silver is at 19.12 $/oz (+0.38%). Crude Oil is trading at 99.76 $/barrel (+0.46%) and Natural Gas is at 4.74 $/BTU (+0.42%).
Have a nice weekend.