14.04.15

Good morning,

In the coming twenty four hours we will see the Chinese Gross Domestic Product figures, which are widely expected to fall to 7.0% from 7.3% year on year in the first quarter. The Aussie fell on weak Chinese data in the past week, and we could see a repeat should the GDP disappoint. AUDUSD trading at 0.7581 with Australian Unemployment figures due out later in the week.

The NIKKEI closed at 19908.68 up 3.22 points or 0.02%

In Europe today we will see a range of data from the German Wholesale Price Index, Spanish Consumer Price Index, Hungarian Industrial Output, Swedish Consumer Price Index and Unemployment data followed by Italian CPI figures. British elections are coming up, but today we will see a range of data including Producer Price Index figures and Consumer Price Index figures for March. EURGBP trading at 0.7188 The European Central Bank Interest Rate decision is due tomorrow. EURUSD trading at 1.0563

The FTSE100 was trading at 7064.74 while the DAX was trading at 12300.99 falling 37.74 points or 0.31% early in the session.

In the US today we await Retail Sales figures for March. Forecasters expect a 1.1% increase month on month for March. Other figures will include the Business Inventories for February and Producer Price Index figures for March. The Bank of Canada Interest Rate decision takes place tomorrow and rates are expected to remain unchanged at 0.75% USDCAD trading at 1.2573 USOIL trading at $53.95 per barrel.

The DOW closed at 17977.04 down 80.61 points or minus 0.45%

Hope you all have a nice day.