Feb 10


  • BY: Nati
  • February, 10th, 2015 8:41 +00:00

Good morning,

Overnight the Chinese Consumer Price Index and Producer Price Index figures were below what analysts had expected. New Loans figures for China will be published in the coming 24 hours. Australian Home Loans figures along with investment lending figures will be announced in Australia tomorrow with AUDUSD trading at 0.7809 with Unemployment rates to follow towards the end of the week. Japanese Machinery Orders figures out this week with USDJPY trading at 118.74

The NIKKEI was trading at 17652.68 down 59.25 points or minus 0.33%

In Europe today we saw the Swiss Unemployment Rate drop to 3.1% from 3.2%, while their Consumer Price Index for January was down than less than had been expected. USDCHF trading at 0.9238 while EURCHF trades for 1.0463 Italian Industrial Output to follow, along with Norwegian CPI and Core Inflation figures. USDNOK trading at 7.5957 British Industrial and Manufacturing Production figures to follow later in this session. EURGBP trading at 0.7429 at time of writing.

The FTSE100 was trading at 6818.45 while the DAX was trading at 10669.38 shortly after the opening bell today.

In the US today we await first the Redbook Index for February, followed by the NFIB Business Optimism Index. Wholesale Inventories for December and the JOLTS Job Openings figures will then be announced. USDCAD was trading at 1.2473 while EURUSD was trading at 1.1322 GOLD prices dropped Friday, to trade at the current price of $1242 per ounce. Retail Sales figures for January will be published on Thursday.

The DOW closed at 17729.21 following yesterday’s session.

Hope you all have a nice day.