Jul 03


  • BY: Nati
  • July, 03rd, 2015 8:17 +00:00

Good morning,

Australian Retail Sales figures missed expectations in May, out at 0.3% when a 0.5% gain had been priced in. AUDUSD trading at 0.7581 ahead of next week’s Reserve Bank of Australia Interest Rate Decision. Japan Markit Services Purchasing Managers Index figures released USDJPY trading at 123.06 Chinese markets have fallen significantly this week, a total drop of almost 30% since mid-June.

The NIKKEI closed at 20539.79

In Europe today we see a number of countries Markit Services figures for June. Spain, Italy, France, Germany, the Euro Zone and Britain all out this session. Greece is still expected to hold a referendum on austerity measures imposed by their creditors. Sunday is penciled in for the EURUSD trading at 1.1100 going into the weekend. Looking ahead to next week, the outlook of which will entirely depend on the result of the Greek referendum. Swiss Unemployment Rate updated on Tuesday morning, with EURCHF trading at 1.0457

The FTSE100 was trading at 6617.16 while the DAX was trading at 11091.66 early in the session.

The US will remain shut today for the Independence Day holiday weekend.

The DOW closed at 17730.11 down 27.80 points or minus 0.16%

I hope you all have a nice weekend.