Jan 07


  • BY: Nati
  • January, 07th, 2015 8:42 +00:00

Good morning,

Asian markets today opened with further declining USOIL prices, currently at $47.22 per barrel. The Australian AiG Performance of Services Index for December was out overnight, with a reading of 47.5 from 43.8 previously. AUDUSD trading at 0.8069 Japanese Foreign Investment in Bonds and Stocks figures will be released in the coming 24 hours. USDJPY trading at 119.06

The NIKKEI was trading at 16885.33

In Europe today important German Unemployment data is coming this session, with no change expected from the current 6.6% figure. Italian Unemployment is expected to rise slightly to 13.3% from 13.2%, Italian and Euro Zone Consumer Price Index data along with the overall EU area unemployment will round up the European news events for today’s session. EURUSD continues its slide. Currently trading at 1.1883 a level not seen since March 2006

The FTSE100 was trading at 6376.67 while the DAX was trading at 9489.53

Today will see the FOMC meeting minutes released. Dollar has been performing well gaining against most major pairs. GOLD is trading at $1214 per ounce at time of writing. EIA Crude Oil stocks figures will be updated. Canadian Trade figures and the Ivey Purchasing Managers Index for December could affect the Loonie. USDCAD trading at 1.1842

The DOW closed at 17371.64 down 130.01 points or minus 0.74%

Hope you all have a nice day.