13.08.15

Good morning,

Japanese Machinery Orders were higher than expected for June, and foreign investment in bonds and stocks were up on previous figures. USDJPY trading at 124.49 New Zealand’s REINZ House Price Index rose by 5.5% month on month, with NZDUSD trading at 0.6587 Australia’s Consumer Inflation Expectation for August was out at 3.7% up from 3.4% previously. AUDUSD trading at 0.7345

The NIKKEI closed at 20595.55 gaining 202.78 or 0.99% on Wednesday’s close price.

In Europe this morning German Consumer Price Index figures were out in line with expectations. French and Spanish CPI figures follow, as do Swiss Producer and Import Prices for July. EURCHF trading at 1.0870 Greek Gross Domestic Product figures out later this morning. Then the European Central Bank will release their Monetary Policy Meeting Accounts. EURGBP trading at 0.7113 Looking ahead to tomorrow the Euro Zone GDP figures will be the one to watch early in the session.

The FTSE100 was trading at 6623.00 while the DAX was trading at 11077.45 early in the session.

In the US today the important July Retail Sales figures will begin the trading day. Jobless Claims figures will coincide with the release, as will the Canadian New Housing Price Index. USDCAD trading at 1.2993 USOIL trading at $44.17 per barrel after a six year low was reached on Monday when a barrel of oil was trading at $43.37 EURUSD trading at 1.1112 at time of writing.

The DOW closed at 17402.51 after opening 200 points down on the previous close, but trading back up to an almost identical level at the close of trading.

I hope you all have a nice day.