11/11/2013

Nov 11

FUNDAMENTAL ANALYSIS BY NSFX 11.11.2013

  • BY:
  • November, 11th, 2013 9:03 +00:00

Good morning,

 

In Asia the trading week started well with the Nikkei up 183.04 points (+1.30%) at 14269.8. In Hong Kong the Hang Seng underperformed the Japanese gauge and closed at 22847.8, with a gain of +103.43 or (+0.45%). In Australia the ASX200 lost -13 points at 5387.14 (-0.25%). Super Typhoon Haiyan killed as many as 10000 people in the Filippines and now is headed to Vietnam.  In Europe this morning at 8:48 GMT equities are quite calm with the DAX down -2.75 points (-0.03%) at 9078.28 and in UK the FTSE100 is trading at 6708.42, +11.20 points or +0.17%. The currency market is trading in a low volatility environment and the EurUsd is trading at 1.3378 (+0.07%) and the UsdJpy is just above 99 at 99.02 with an unchanged performance. GbpUsd is trying to consolidate above 1.6 at 1.6014 (0.03%). Precious metals are the worst performers because the data from the job market in US will likely accelerate the reduction of the monetary stimulus. Gold is trading at 1282.48 (-0.45%) and Silver is underperforming the shiny metal and trading at 21.35 (-0.86%).  Crude oil is  at 94.41 (-0.2%).

In US equity markets are closed because is the Veterans Day.