May 06


  • BY: Nati
  • May, 06th, 2015 8:42 +00:00

Good morning,

New Zealand’s Unemployment Rate came out at 5.8%, higher than the 5.5% that had been expected. NZDUSD trading at 0.7503 at time of writing. Australian Retail Sales figures also came out below expectation. AUDUSD trading at 0.7979 a day after the RBA Interest Rate being lowered to 2.0% and the Australian Unemployment Rate will be updated in the next 24 hours.

The NIKKEI closed at 19531.63 up 11.62 points or 0.06%

European markets this morning saw a range of Markit Services data from Spain, Italy, France, Germany and the Euro Zone. EURUSD trading at 1.1237 while EURGBP trades at 0.7415 ahead of the British General Election which takes place tomorrow. Greek and Portuguese Unemployment Rates will be updated this session, and the Euro Zone Retail Sales figures for March will round up the European session.

The FTSE100 was trading at 6958.51 while the DAX was trading at 11397.25

The US will start their session with MBA Mortgage Applications data followed by the ADP Unemployment Change for April. USOIL has gained this week and currently trades at $62.63 per barrel. EIA Crude Oil Stocks Change figures are out this session. Canadian markets will see the Ivey Purchasing Managers Index for April this session. USDCAD trading at 1.2038 Friday will see updated Unemployment figures from both the US and Canada.

The DOW closed at 17928.20 falling 142.20 or minus 0.79%

Hope you all have a nice day.