07/02/2014

Feb 07

FUNDAMENTAL ANALYSIS BY NSFX 07.02.2014

  • BY:
  • February, 07th, 2014 9:10 +00:00

Good morning,

Equities in Asia rebounded following the positive performance in US. The Nikkei closed at 14,462 (+2.17%), up 307 points and in Hong Kong the Hang Seng rose 213 points at 21,636.85 (+1%).

In Europe  stocks are nearly unchanged and the Stoxx50 is down 2.83 points at 3,007.96 (-0.09%). The DAX in Germany is up 2.5 points at 9,259.08 (+0.03%) and in UK the FTSE100 is gaining 4.76 points at 6,563.04 (+0.07%).

In the currency market the EurUsd is down 26 pips at 1.3562 (-0.2%) and the UsdJpy is trading at 102.08 (-0.06%), down 6 pips. GbpUsd is at 1.6341 (+0.11%), up 17 pips and UsdChf is up 7 pips at 0.9018 (+0.07%).

Silver is down 7.9 cents at 19.90 $/ounce (-0.4%) and Gold is gaining 3.25$ at 1,261.58 (+0.26%).  Crude Oil is trading at 97.5 $/barrel (-0.35%) and Natural Gas is at 4.96 $/BTU (+0.4%).

At 13:30 GMT will be released in US Nonfarm Payrolls and the Unemployment rate.  The financial community is waiting those data to evaluate the health of the US economy.

Volatility is expected to increase at 13:30 GMT  on major currency pairs and on US gauges.

Have a nice weekend