10.04.15

Apr 10

FUNDAMENTAL ANALYSIS BY NSFX 10.04.2015

  • BY: Nati
  • April, 10th, 2015 8:20 +00:00

Good morning,

Chinese Consumer Price Index figures beat expectations but were still down slightly from the previous figure. Australian Home Loans for February grew by just 1.2% when analysts had expected a three percent increase. AUDUSD trading at 0.7686 Bank lending in Japan year on year till March was up to 2.5% from 2.5% previously. USDJPY trading at 120.46

The NIKKEI closed at 19907.63 after falling 30.09 points or minus 0.15%

In Europe we saw Swiss Unemployment remain unchanged at 3.2%. USDCHF trading at 0.9782 France released Industrial Output and their Budget figure for February. Denmark saw an increase in their Consumer Price Index and Industrial Production according to latest figures this session. Norway’s Consumer Price Index and Producer Price Index figures are also out this session. USDNOK trading at 8.1321 The CAC40 reached a fresh high, breaking through the 5200 level.

The FTSE100 was trading at 7046.06 while the DAX was trading at 12217.94 early in the session.

Across the Atlantic today Canadian Unemployment data could give an indication as to the state of the economy. USDCAD trades at 1.2617 at time of writing. Yesterday saw the US Jobless Claims figures out better than had been expected. We will see the Bank of Canada’s Interest rate decision on Wednesday next week, with the rate currently at 0.75%

The DOW closed at 17958.73 up 56.22 points or 0.31%

Hope you all have a nice weekend.