06.10.15

Good morning,

The Reserve Bank of Australia left Interest Rates unchanged at the 2.0% level as had been expected. AUDUSD trading at 0.7130 Chinese markets remain closed today for the National Day holiday. In the coming Asian session we will see the Bank of Japan Monetary Policy Statement. USDJPY trading at 120.26

The NIKKEI closed at 18186.10 for an improvement of 180.61 or 1.00% on the previous market close.

German Factory Orders figures disappointed this session at the open with month of August seeing a 1.8% fall off, when a half a percentage point had been expected. EURUSD trading at 1.1194 The Halifax House Prices Index out in the UK this session. Switzerland will release Consumer Price Index figures this session before Poland announces the National Bank of Poland Interest Rate decision. The rate is currently set at 1.5% USDPLN trading at 3.7900

The FTSE100 was trading at 6289.09 while the DAX was trading at 9775.36 early in the session.

In the United States today we start the day with August’s Trade Balance figures and Canada’s International Merchandise Trade figures for the same month. USDCAD trading at 1.3090 and this pair could experience high volatility around these figures this session. Redbook Index for the second of this month also out this session. USOIL trading at $46.14 per barrel at time of writing.

The DOW closed at 16776.43 following Monday’s session. Up 304.06 points or 1.85% on Friday’s closing price.

I hope you all have a nice day.