Jun 04


  • BY: Nati
  • June, 04th, 2015 8:31 +00:00

Good morning,

Australia’s Trade Balance was out overnight, with the April figure failing to meet expectations. Retail Sales also failed to grow, with a 0.4% growth figure expected. AUDUSD trading at 0.7712 The Governor of the Bank of Japan Haruhiko Kuroda spoke this session about the need for policymakers to be aware of the global effects of their monetary policy. USDJPY trading at 124.14 at time of writing.

The NIKKEI closed at 20488.19 following the session in Tokyo.

European markets today expected to have little by way of data releases. The main data to watch today is the Bank of England Interest Rate decision. The Rate is expected to remain unchanged at 0.5% GBPUSD trading at 1.5354 Greek and German ministers continue this round of meetings in order to come to some deal with payment to the IMF from Greece due this Friday.

The FTSE100 was trading at 6858.66 down 91.80 or minus 1.32% while the DAX was trading at 11233.62 down 186.00 points or minus 1.63%

Across the Atlantic today we will see Challenger Jobs Cuts for May and Nonfarm Productivity figures for the first quarter. Jobless Claims figures also out this session. In Canada the Ivey Purchasing Managers Index figures for May are scheduled for release. USDCAD trading at 1.2469 Looking ahead to tomorrow we await Unemployment data from both the US and Canada which are released at the same time. Trading could see a spike in volatility around the release.

The DOW closed at 18076.27 gaining 64.33 points or 0.36%

Hope you all have a nice day.