13.04.15

Good morning,

Japanese figures released overnight see machinery orders up until March beating expectations. USDJPY trading at 120.37 Chinese Gross Domestic Product figures for the first quarter will be published this week, with a slight decline expected from previous readings. Later this week Australia will release an overview of the employment situation as it currently stands, with the unemployment rate currently at 6.3%. AUDUSD trading at 0.7596

The NIKKEI closed at 19905.46 following Monday’s Asian session.

In Europe today we will see little of note today, France Current Account for March, Italian Industrial Output and Portugal’s Consumer Price Index all that is on the calendar. Spanish, German and Italian markets remain closed at time of writing. The EURUSD pair is trading at 1.0601 while EURGBP was trading at 0.7255

The FTSE100 was trading at 7078.85 down 10.92 points or minus 0.15% shortly after the open.

Across the Atlantic today we will see the United States Monthly Budget statement for March. Retail Sales figures expected tomorrow. Wednesday will see the Bank of Canada Interest Rate decision, with rates expected to remain unchanged at 0.75% USDCAD trading at 1.2614 GOLD was trading at $1205 per ounce early this session, while USOIL was selling at $54.17 per barrel.

The DOW closed at 18057.65 on Friday; gaining 98.92 points or 0.55% on the day.

Hope you all have a nice week.