08.04.14

Good morning,

Asian markets saw the Bank of Japan leave interest rates at 0.1% While Australia sees the Aussie Dollar trading above 0.93 USD for the first time this year. Wednesday night, early Thursday will see the Australian Unemployment rate published with expectations for the 6% rate to remain unchanged.

The NIKKEI was trading at 14606.88 down 201.97 points a decrease of 1.36%

This morning we saw that the Swiss unemployment rate remained low and unchanged at 3.2% Today the USDCHF pair is trading at 0.8871 at time of writing. The UK publishes their Industrial & Manufacturing figures today. CABLE was trading at 1.6636, with the National Institute of Economic and Social Research GDP Estimate figures out later this afternoon we could see some volatility in the GBP pairings around this time.

The FTSE100 closed at 6617.38 down 5.46 or minus 0.08%while the DAX closed at 9524.85 up 14.00 points or 0.15%

Canadian Housing Start and Building Permit figures will be published today, with the USDCAD currently trading at 1.0948 an 8 week low. The US Redbook Index figures are out today. Tomorrow however the FOMC meeting minutes will be out and this will possibly give some indication as to if the tapering will continue at a steady pace. Gold was trading at 1308 USD per ounce this morning, with USOIL trading at 101.25 per barrel.

The DOW closed at 16245.87 down 166.84 or minus 1.02%

Hope you all have a nice day.