03.08.15

Good morning,

Starting off this week we see Australian Securities Inflation for July and Home Sales figures for June. AUDUSD trading at 0.7293 at time of writing a level not seen since May 2009 The rEserve Bank of Australia Interest Rate decision will be announced in the next 24 hours. Chinese Manufacturing Purchasing Manager Index, and Japanese Nomura/JJMA Purchasing Manager Index figures and Vehicle Sales were out. USDJPY trading at 124.17

The NIKKEI closed at 20548.11 down 37.13 points or minus 0.18%

In Europe a number of Markit Manufacturing figures from Spain, Italy, France, Germany, Greece, the Euro Zone and the United Kingdom will be released over the course of the morning session. EURUSD trading at 1.0965 while CABLE was trading at 1.5628 with the Bank of England Interest Rate decision this Thursday. Swiss Unemployment figures this Friday with the current rate at 3.3% and EURCHF trading at 1.0611

The FTSE100 was trading at 6701.23 while the DAX was trading at 11374.23 both green after recovering from an early sell off.

Across the Atlantic today a range of figures from the United States including the ISM Prices Paid and Manufacturing PMI for July. Personal Income and Consumption figures out beforehand, as will the Markit Manufacturing figures for July. June’s Construction Spending and Total Vehicle Sales for July will wrap up the data releases from the US. GOLD is trading at $1093 per ounce while USOIL is trading at $46.50 per barrel.

The DOW closed at 17689.86 on Friday, up 250 points for the week.

I hope you all have a nice week.