Dec 11


  • BY: Nati
  • December, 11th, 2014 8:44 +00:00

Good morning,

Australian Unemployment rose to 6.3% from 6.2% in November. AUDUSD trading at 0.8330 USDJPY continued to fall in Asia and fell to 117.44 before recovering to the 118.01 level at time of writing. The NZD has jumped against most major currencies following Governor Wheeler’s speech in which he said the base interest rate would remain on hold at 3.5%. NZDUSD trading at 0.7816

The NIKKEI was trading at 17257.40 down 155.18 points or minus 0.89%

Today in Europe the Swiss National Bank will announce their Interest Rate decision, with an unchanged rate expected. USDCHF trading at 0.9653 while EURCHF trades at 1.2033 German, French and Portuguese Consumer Price data figures will be released this session also. The European Central Bank will publish their monthly report this session ahead of the long term refinancing operations from the ECB. EURGBP trading at 0.7938

The FTSE100 was trading at 6509.75 while the DAX was trading at 9815.60 shortly after the open of the European markets.

Across the Atlantic today we will see US Retail Sales figures for November (expected to remain unchanged m/m at 0.3%). Canadian Governor Stephen Poloz is scheduled to make a speech before the Economic Club of New York USDCAD trading at 1.1465 while USOIL has fallen further to trade at $61.36 per barrel at time of writing. Jobless Claims figures are also due out in the US this session.

The DOW closed at 17533.15 down 268.05 points or minus 1.51%

Hope you all have a nice day.