Jun 09


  • BY: Nati
  • June, 09th, 2014 7:15 +00:00

Good morning,

Today is a holiday across most of Europe and the long weekend will account for a relatively lower trading volume. Japan’s GDP rose to 6.7% year on year, with expectations of 5.6% the news lifted the JPY against most pairings with USDJPY currently trading at 102.44

The NIKKEI was trading at 15124.00 up 46.76 points or 0.31%

European figures today are limited to the Sentix Investor Confidence and the Portuguese GDP figure. With EURUSD trading at 1.3660 and the EURGBP at 0.8119 Tomorrow will see Industrial data for the UK, France and Italy released, along with Swiss Retail Sales figures. Italian GDP figures and UK National Institute of Economic and Social Research GDP estimates will also follow.

The FTSE100 closed at 6858.21 with the DAX closing at 9987.19

US data of note will be released later in the week, Oil stocks on Wednesday and Gas storage figures on Thursday, along with the initial jobless figures. Friday will see the Producer Price Index and the Reuters/Michigan Consumer Sentiment Index numbers. GOLD was trading at $1255 per ounce at time of writing.

The DOW closed at 16924.28 up 88.17 points or 0.52%

Hope you all have a good week.