Mar 04


  • BY: Nati
  • March, 04th, 2015 9:26 +00:00

Good morning,

Australian Gross Domestic Product grew by 2.5% in line with expectations. AUDUSD trading at 0.7821 Japanese Markit Services PMI came out at 48.5, down from 51.3 previously. USDJPY was trading at 119.70 at time of writing. Foreign Investment figures in Japanese Stocks and Bonds out in the coming 24 hours.

The NIKKEI closed at 18703.60 down 111.56 points, dropping 0.59%

In Europe today a Markit Services morning, with data releases from Spain, Italy, France, Germany and the UK expected today. Norway’s Current Account rose to 65.99B from 44.78B previously. Danish Unemployment figures to follow. Retail Sales figures from the Euro Zone for the month of January will also be published this session. EURUSD trading at 1.1129

The FTSE100 was trading at 6897.27 while the DAX was trading at 11236.31 early in the session.

Across the Atlantic today we await the Bank of Canada Interest Rate decision, with the rate expected to remain unchanged at 0.75% USDCAD trading at 1.2516 ahead of this rate decision and the ISM Non-Manufacturing Purchasing Manager’s Index figure for February out of the United States. Other US data today will include the MBA Mortgage Applications figure for February and the ADP Employment Change figure for the same month.

The DOW closed at 18203.37 down 85.26 points or minus 0.47%

Hope you all have a nice day.