Mar 05


  • BY: Nati
  • March, 05th, 2015 8:59 +00:00

Good morning,

Foreign Investment in Japanese Stocks and Bonds increased figures released overnight show. USDJPY trading at 119.82 with the provisional Leading Economic Index and Coincident Index figures due for release in the coming 24 hours. Australian Retail Sales figures for January grew by 0.4% as had been expected. AUDUSD trading at 0.7806

The NIKKEI closed at 18751.84 gaining 48.24 points or 0.26%

In Europe today we begin with the Euro falling to an 11 year low against the Greenback. EURUSD trading at 1.1057, after reaching a low of 1.1026 earlier this morning. Swedish Industrial Production figures will be published this session, as will the Italian GDP figures for the 4th Quarter. Danish and Greek Unemployment Rates will be out ahead of the important Interest Rate Decisions from both the Bank of England and the European Central Bank, which are both expected to remain unchanged. EURGBP trading at 0.7244

The FTSE100 was trading at 6926.22 while the DAX was trading at 11436.69 shortly after the open.

In the US today Jobless Claims figures are expected later, as are the Factory Orders for January. Canada will release the Ivey Purchasing Manager’s Index for February. USDCAD trading at 1.2434 Looking ahead to tomorrow’s session the Nonfarm Payrolls figure for February is expected at 240K with the unemployment rate expected to drop to 5.6% from 5.7% which would lead to further speculation of rate increase from the FED.

The DOW closed at 18096.90 after dropping 106.47 points, minus 0.58% for the session.

Hope you all have a nice day.