May 07


  • BY: Nati
  • May, 07th, 2015 7:51 +00:00

Good morning,

The Australian Unemployment Rate rose to 6.2% from 6.1% as had been expected overnight. AUDUSD trading at 0.7968 and the Reserve Bank of Australia will release the Monetary Policy Statement induring the next Asian session. Japanese Markit Services PMI figures came out at 51.3 up from 48.4 previously. USDJPY was trading at 119.45 at time of writing.

The NIKKEI closed at 19291.99 after falling 239.64 points or minus 1.23%

In Europe a very quiet session regards data releases, with German Factory Orders and French Trade figures, and Industrial Output numbers the highlights. Hungary will also publish their Industrial Output figures and their budget balance later in the session. EURHUF trading at 306.21 The UK General Election takes place today. GBPUSD trading at 1.5229 early in the session.

The FTSE100 was trading at 6888.70 while the DAX was trading at 11285.83

In the US today Jobless Claims figures are due out. EURUSD trading at 1.1367 the highest level the pair has traded at since late February. Atlanta Federal Reserve President, Dennis Lockhart, said on Wednesday he still feels conditions would be in place for a midyear U.S. rate hike. The Unemployment Rate figures from the US and Canada will be updated during Friday’s session. USDCAD trading at 1.2065

The DOW closed at 17841.98 down 86.22 points or minus 0.48%

Hope you all have a nice day.