04.07.14

Jul 04

FUNDAMENTAL ANALYSIS BY NSFX 04.07.2014

  • BY: Nati
  • July, 04th, 2014 8:15 +00:00

Good morning,

Asian markets were buoyed by the performance of the Dow Jones Index, where it broke through the 17000 mark. USDJPY was trading at the 102 figure. The Aussie Dollar lost ground following Central Banker speeches drove the currency lower to the current level of 0.9350, 150 pips lower than before Governor Glenn Stevens and Assistant Governor Malcolm Edey spoke over the last 48 hours.

The NIKKEI was trading at 15437.13 up 88.84 points or 0.58%

European markets are expected to see a lower volume today as the American holiday for Independence Day takes place. German Factory Orders figures were out this session where year on year they were up 5.5% EURUSD was trading at 1.3589 with Euro also falling against Sterling, EURGBP currently priced at 0.7920

The FTSE100 was trading at 6858.50 while the DAX was at 10023.58

US Markets remain closed until Monday.

Hope you all have a nice weekend.