Apr 07


  • BY: Nati
  • April, 07th, 2015 7:30 +00:00

Good morning,

The Reserve Bank of Australia left Interest Rates unchanged last night as had been expected, and the Aussie Dollar rallied on the back of the announcement. AUDUSD trading at 0.7692 from below the 0.76 figure before the announcement. The Bank of Japan is due to issue the Monetary Policy Statement in the coming hours. USDJPY trading at 119.58

The NIKKEI closed at 19640.54 up 242.56 points or 1.25%

In Europe today there will be a series of Markit Services announcements, from Spain, Italy, France, Germany, the Euro Zone and finally the UK. Swiss Foreign Currency Reserves and Swedish Industrial Production figures also out this session. USDSEK trading at 8.5554 The Bank of England will announce their Interest Rate decision on Thursday with forecasters expecting no change from the current 0.5% level. CABLE trading at 1.4912

The FTSE100 was trading at 6911.71 while the DAX was trading at 12053.78 just after the open of the European session.

Across the Atlantic today there is little data of note due for release. FOMC meeting minutes are due out tomorrow. Canadian Unemployment figures will be out this Friday. USDCAD trading at 1.2473 at time of writing. EURUSD trading at 1.0919 GOLD is trading at $1214 per ounce while USOIL is selling at $52.44 per barrel.

The DOW closed at 17880.85 up 117.61 points or 0.66%

Hope you all have a nice day.