Mar 04


  • BY: Nati
  • March, 04th, 2016 8:12 +00:00

Good morning,

Overnight we saw Labor Cash Earnings figures from Japan which were out at 0.4% year on year, up from 0.2% previously. USDJPY trading at 113.77 going into the weekend. Australian Retail Sales figures month on month until January grew by 0.3%, slightly less than had been expected (0.4%) but up on the previous reading. AUDUSD continued to raise and at time writing was priced at 0.7367 The NIKKEI closed at 17014.78 for a gain of 54.62 points or 0.32% since the open.

USDJPYecnDaily 04.03.16AUDUSDecnDaily 04.03.16

In Europe today Swedish Industrial Production figures along with New Orders Manufacturing data will be released this session. USDSEK trading at 8.5325 A relatively quiet day regarding data releases in Europe today. Italian Gross Domestic Product figures along with British Consumer Inflation Expectations figures being the potential market movers today. EURGBP trading at 0.7732 at time of writing.

EURGBPecnDaily 04.03.16

When US markets open today the employment situation will divert attention away from the ongoing presidential campaign for a short time. EURUSD trading at 1.0949 Unemployment Rate figures are expected to remain unchanged at 4.9% while Non Farm Payrolls figures are expected out at 190K from 151K previously. Canada will announce figures including International Merchandise Trade for January, and Labor Productivity figures for the 4th Quarter of last year. USDCAD trading at 1.3420 The DOW closed at 16926.00 following Thursday's session. GOLD was trading at $1260

EURUSDecnDaily 04.03.16USDCADecnDaily 04.03.16

I hope you all have a nice day.