Mar 06


  • BY: Nati
  • March, 06th, 2015 8:59 +00:00

Good morning,

Japan’s Leading Economic Index was out at 105.1 in January from 105.3 previously, although the Coincident Index for the same month rose to 113.0 from 110.6 previously. Japanese GDP figures will be announced at the outset of the coming trading week. USDJPY was trading at 120.16 at time of writing.

The NIKKEI closed at 18971.00 up 219.16 points or 1.17% from the previous close.

In Europe the main events this session will include the British Consumer Inflation Expectations figures and the Euro Zone GDP EURGBP was trading at 0.7236 at time of writing. German Industrial Production in January beat expectations this morning, while the Swiss Consumer Price Index fell below expectations. EURCHF was trading at 1.0736

The FTSE1000 was trading at 6951.54 while the DAX was trading at 11510.95 early in the session.

Across the Atlantic today we will see the Nonfarm Payrolls figure from the US, analysts expect a 240K reading for Feb. The Unemployment Rate is expected to drop to 5.6% from 5.7% Canada’s Building Permits data from January will also be published today. EURUSD trading at 1.1009 after hitting an 11 year low yesterday.

The DOW closed at 18135.72 up 38.82 points or 0.21%

Hope you all have a good weekend.