07.09.15

Good morning,

Japanese Coincident Index figures were released during the Asian session with an almost unchanged 112.2 printed, down slightly from112.3 previously. July’s provisional Leading Economic Index was down to 104.9 from 106.5 previously. USDJPY trading at 119.26 Chinese markets continue to contract, with a slowdown leading to further tightening of capital controls.

The NIKKEI closed at 17860.47 up just 68.31 points or 0.38% from the close last week.

In Europe today we will see German, Czech and Danish Industrial Production figures. EURDKK trading at 7.4612 Finland’s Trade Balance, Swiss Currency Reserves, Austrian Wholesale prices and Norwegian Manufacturing Output figures will follow. USDNOK trading at 8.2737 Euro Zone Gross Domestic figures will be out tomorrow. EURUSD trading at 1.1155 while EURGBP trades at 0.7334

The FTSE100 was trading at 6099.15 while the DAX was trading at 10136.22

Both the US and Canada will remain closed today for the Labor Day holiday. Wednesday will see the Bank of Canada Interest rate decision. USDCAD trading at 1.3246 USOIL trading at $45.92 per barrel. The US will start the week tomorrow with the NFIB Business Optimism Index followed by Labor Markit Conditions Index figures for August. CABLE trading at 1.5240

The DOW closed at 16102.38 following the week’s trading.

I hope you all have a nice week.