Mar 13


  • BY: Nati
  • March, 13th, 2015 8:47 +00:00

Good morning,

Overnight the New Zealand Business Purchasing Manager’s Index came out at 55.9, up from 50.7 previously. NZDUSD trading at 0.7377 Japanese Industrial Production was down year on year to January by 2.8% USDJPY trading at 121.35 with an Interest Rate decision looming in the coming week.

The NIKKEI was trading at 19254.25 gaining 263.14 points or 1.39%

In Europe we have little data of interest with only German Wholesale Price Index figures already released, and Italian Consumer Price Index figures coming soon. EURUSD has stalled with a 12 year low printed on Thursday just under the 1.05 figure; the pair is currently trading at 1.0610 Norway and Switzerland are scheduled to give Interest Rate decisions next week.

The FTSE100 was trading at 6765.02 while the DAX was trading at 11827.30 early in the European session.

Across the Atlantic today the Canadian Unemployment Rate is expected to rise to 6.7% from 6.6% In the US Producer Price Index figures for February are due out followed by the Reuters/Michigan Consumer Sentiment Index for March. USDCAD trading at 1.2726 while GOLD has been traded at $1159 per ounce. USOIL is priced at $49.12 per barrel at the time of writing.

The DOW closed at 17895.22 for a gain of 259.83 points or 1.47%

Hope you all have a nice weekend.