15.07.15

Good morning,

Asian markets saw a range of positive figures from China, with Retail Sales rising, Industrial Production and Urban Investment also on the rise. Australian new car sales were also higher than expected. AUDUSD trading at 0.7456 The Bank of Japan will keep monetary stimulus as it is at an annual pace of ‎¥80 trillion for the time being at least. USDJPY trading at 123.54  with foreign investment figures due out in the coming 24 hours.

The NIKKEI closed at 20463.33 gaining 78.00 points or 0.38%

In Europe this session we saw french Consumer Price Index figures disappoint. Norway then published Trade Balance figures with USDNOK trading at 8.1320 Turkish Budget Balances and Unemployment data was positive for the Turkish Lira with USDTRY trading at 2.6372 British Unemployment data also due out this session. CABLE trading at 1.5614 Euro Zone Consumer Price Index data is the main European data out tomorrow. EURUSD trading at 1.1026

The FTSE100 was trading at 6735.63 while the DAX was trading at 11499.35 early in the session.

Across the Atlantic today we will see the Bank of Canada announce their Interest Rate decision. Expected to remain unchanged at 0.75% Manufacturing Shipments figures for May are also out in Canada today. USOIL was trading at $53.09 with EIA Oil Stocks change figures out this session. FED Chair Janet Yellen is due to speak this session. Other figures out in the US will include Producer Price Index data, Industrial Production figures for June and Capacity Utilization figures for the same month. USDCAD trading at 1.2757

The DOW closed at 18053.58 up 75.90 points or 0.42%

I hope you all have a nice day.