Apr 09


  • BY: Nati
  • April, 09th, 2014 8:22 +00:00

Good morning,

Australian figures proved positive for the currency with home loans figures out above expectations at 2.3% with 2.0% expected. AUDUSD is trading at 0.9380 today ahead of unemployment figures tonight. Japanese markets are down from over 15000 to 14300 today, with the strengthening JPY contributing to the decline. USDJPY is currently trading at 102.00

The NIKKEI was trading at 14299.69 down 307.19 points or minus 2.10%

British trade balance figures are released today, but markets are expected to remain relatively calm until the US session gets underway and the FOMC meeting minutes will be released. CABLE was trading at 1.6745, up from 1.66 at yesterday’s open on positive production figures yesterday.

The FTSE100 was trading at 6624.07, up 33.38 points or 0.51% while the DAX was trading at 9509.40 up 18.61 points, or 0.20%

US markets wait for the FOMC meeting minutes this afternoon, but Oil traders will be interested in the EIA Crude Oil Stick announcement beforehand. USOIL was trading at 102.10 dollars per barrel, with the Ukrainian crisis partly attributing to the recent rise. EURUSD was trading at 1.3803 ahead of the FOMC minutes.

The DOW closed at 16256.14 up just 10.27 points or 0.06%

Hope you all have a good day.