09.07.15

Jul 09

FUNDAMENTAL ANALYSIS BY NSFX 09.07.2015

  • BY: Nati
  • July, 09th, 2015 7:30 +00:00

Good morning,

Australia’s Unemployment Rate came out at 6.0% when a 6.1% rate had been forecast AUDUSD trading at 0.7486 up 86 points from the 0.74 figure before the announcement. A rise in full time employment was apparent with part time employment falling. Japanese Machinery Orders we up by 0.6% month on month, when a 5% decline had been expected. USDJPY trading at 121.34

The NIKKEI closed at 19855.50 gaining 117.86 points or 0.60%

In Europe today we will see Denmark’s Current Account and Hungarian Trade Balance at the open of trading. EURDKK trading at 7.4619 while the EURHUF pair is priced at 317.47 Sweden and Greece will announce updated Unemployment Rates. Then Sterling will see the Bank of England Interest Rate Decision. The rate is expected to remain unchanged at 0.5%

The FTSE100 was trading at  while the DAX was trading at  just after the opening bell today.

Across the Atlantic today we will see Canadian Housing Starts and the New Housing Price Index for June. USDCAD trading at 1.2711 In the US we will see Jobless Claims figures this session. EURUSD trading at 1.1084 EIA Natural Gas Storage change data is also out this session. Tomorrow we hear from FED Chair Janet Yellen when she addresses an audience in Cleveland. USOIL trading at $52.70 per barrel.

The DOW closed at 17515.42 down 261.49 points or minus 1.47%