Apr 08


  • BY: Nati
  • April, 08th, 2015 8:13 +00:00

Good morning,

Japanese markets saw the Bank of Japan maintaining their monetary policy with little or no effect on trading. The NIKKEI trading near a two year high with USDJPY trading at 119.82 Foreign Investment in Stocks and Bonds figures will be out in the coming hours. Australia will see the AiG Performance of Construction Index for March, early in the next Asian session, with some analysts questioning a housing bubble in Australia. AUDUSD trading at 0.7682

The NIKKEI closed at 19789.81 gaining 149.27 points or 0.76%

In Europe this morning we saw German Factory Orders disappoint. EURUSD trading at 1.0868 Turkish Industrial Production grew by 1.0% year on year till February, while Hungary published Industrial Output and Retail Sales figures. Euro Zone Retail Sales figures will also be released this session. The Bank of England Interest Rate decision will be announced tomorrow. GBPUSD trading at 1.4887

The FTSE100 was trading at 7009.59 while the DAX was trading at 12094.95

In the US today we await the FOMC meeting minutes. Ahead of the main event though MBA Mortgage Applications figures and the EIA Crude Oil stocks change figures are out. USOIL is trading at $53.71 per barrel at time of writing. GOLD is trading at $1211 per ounce. Canadian Unemployment data is due out this Friday. USDCAD trading at 1.2460

The DOW closed at 17875.42 down just 5.43 points or minus 0.03%

Hope you all have a nice day.