Jan 07


  • BY: Nati
  • January, 07th, 2014 8:29 +00:00

Good morning,

Australian figures saw a better than expected release on their trade balance, while down overall the figure was better than had been expected. AUDUSD was trading at 0.8925 with a high of 0.8967 and a low of 0.8911 so far. Japan’s Index was down slightly with 167 of the 225 companies losing ground.

The NIKKEI was trading at 15814.37 down 94.51 points or minus 0.59%

European Consumer Price and Producer Price Index figures will be released this morning, along with the important German Unemployment rate figure. The unemployment rate is expected to remain unchanged at 6.9% and there could be some market action should the actual figure miss expectations. EURUSD was trading at 1.3620 with a high of 1.3633 and a low of 1.3610 so far.

The FTSE100 traded at 6725.60 down 5.13 points or minus 0.08% while the DAX traded at 9428.00 down 7.15 points or minus 0.08%

Janet Yellen has been confirmed to be the next Chair of the Federal Reserve by the US Senate yesterday. Today will see the new trade balance for the US. Canadian figures released later will include International Trade figures, and Ivey Purchasing Managers Index. USDCAD was trading at 1.0672 with a high of 1.0685 and a low of 1.0659.

The DOW closed at 16425.10 down 44.89 points or minus 0.27%

Hope you all have a good day.