11.02.15

Feb 11

FUNDAMENTAL ANALYSIS BY NSFX 11.02.2015

  • BY: Nati
  • February, 11th, 2015 8:48 +00:00

Good morning,

Home Loans in Australia grew by 2.7% in December, greater than the 2.0% that had been expected. AUDUSD was trading at 0.7756 ahead of the Unemployment Rate announcement tomorrow. Japanese Bank Holiday today due to the National Foundation Day. USDJPY trades at 119.75 When trading in Japan resumes tomorrow Machinery Orders and Domestic Corporate Goods Price Index results will be published.

The NIKKEI closed at 17652.68 down 59.25 points or minus 0.33%

In Europe today there are an important couple of meetings regarding the Greek debt, and another separate meeting or negotiation regards the situation in Ukraine. EURUSD trading at 1.1313 at time of writing. Norwegian Gross Domestic Product out this session also. USDNOK trading at 7.5817 Bank of England will publish their Quarterly Inflation Report, and Governor Mark Carney will speak. CABLE trading at 1.5264

The FTSE100 was trading at 6816.40 while the DAX was trading at 10764.89 shortly after the open.

Across the Atlantic MBA Mortgage Applications for February will be out in the US today. EIA Crude Oil Stocks change will be announced this session. USOIL trading at $51.12 per barrel. GOLD was trading at $1237 per ounce. Looking ahead we will see Retail Sales figures out for January during tomorrow’s session.

The DOW closed at 17868.76 up 139.55 points or 0.79%

Hope you all have a nice day.