08.09.15

Good morning,

Chinese Trade Balance figures show that both their import and export figures are falling. In Japan the Economic Watchers Surveys, both Current and Outlook fell. USDJPY trading at 119.93 Australia will announce Home Loans figures in the next 24 hours with the New Zealand Interest rate decision in 48 hours. AUDUSD trading at 0.6982 while NZDUSD trades at 0.6297

The NIKKEI closed at 17427.08 falling 433.39 points or minus 2.43%

In Europe today we saw Swiss Unemployment figures where the rete remain unchanged at 3.3% Then German Trade Balance figures were out slightly better than had been expected. Euro Zone Gross Domestic Product figures are expected to match the previous reading. EURGBP trading at 0.7282 Later this week we will see the Bank of England Interest Rate decision and a Monetary Policy Statement.

The FTSE100 was trading at 6165.46 while the DAX was trading at 10296.81

Across the Atlantic today we start off after the Labor Day Bank Holiday with NFIB Business Optimism figures for August and the Labor Market Conditions figures out of the US. Tomorrow will see the Bank of Canada Interest Rate decision with the rate expected to remain unchanged at 0.5% USDCAD trading at 1.3277 USOIL was trading at $45.17 per barrel.

The DOW closed at 16102.38 when Wall Street ceased trading last Friday.

I hope you all have a nice day.