Jan 10


  • BY: Nati
  • January, 10th, 2014 8:32 +00:00

Good morning,

The Asian markets saw a decline in Chinese Trade Balance figures, beneath expectations due to rising imports and decreasing exports. Japanese Leading Economic Index figures came in close to expectations, reading 110.8, slightly above the 110.6 expected. USD/JPY was trading at 104.96 with a high of 105.00 and a low of 104.78 so far.

The NIKKEI was trading at 15912.06 up 31.73 points or 0.20%

European and British interest rates remained unchanged yesterday, the EU rate remains at 0.25% while the British rate continues at 0.5%. ECB President Draghi gave a press conference in which he said forward guidance would continue to be provided. Euro Zone GDP figures are the main data released in the European markets today. CABLE was trading at 1.6468 with a high of 1.6481 and a low of 1.6467 so far.

The FTSE100 closed at 6691.34 down 30.44 points or minus 0.45% while the DAX closed at 9421.61 down 76.23 points or minus 0.80%

US non-farm payroll figures are released today, will the unemployment rate change from 7% in the US and Canadian unemployment figures are also released today. USD/CAD was trading at 1.0842 with a high of 1.0857 and a low of 1.0837 so far, while EUR/USD was trading at 1.3611 with a high of 1.3619 and a low of 1.3603 so far.

The DOW closed at 16444.76 down 17.98 points or minus 0.11%

Hope you all have a nice weekend.