Dec 15


  • BY: Nati
  • December, 15th, 2014 8:23 +00:00

Good morning,

In Asia this morning most of the news is focused on a siege in Sydney Australia where a gunman has taken control of a café in the central business district, leading so the US Consulate and a number of banks in the area have been evacuated. AUDUSD trading at 0.8249. In Japan the Tankan Large Manufacturing Outlook disappointed expectations (out at 9 when a reading of 14 was expected). USDJPY trading at 118.15

The NIKKEI was trading at 17099.40 down 272.18 points or 1.57%

In Europe today there isn’t much data due out, and a quiet schedule is expected. Turkish unemployment data followed by the most recent Budget Balance figures are out this session. USDTRY trading at 2.2950 at time of writing. Swiss Producer and Import Prices for November and the British CBI Industrial Trends Survey are out this session in Europe along with the Norwegian Trade Balance for November. EURGBP trading at 0.7917 at time of writing.

The FTSE100 was trading at 6296.94 while the DAX was trading at 9593.45 shortly after the European open.

Industrial Production figures in the US for November, along with Capacity Utilization figures will be published today. Looking ahead Wednesday will be the red letter day as the FED Interest Rate decision will tell us if there is any deviation from the current 0.25% rate. EURUSD trading at 1.2454 while USOIL trades for $58.15 per barrel, after dropping to $56.21 a five and a half year low.

The DOW closed at 17280.83 down 315.51 or minus 1.79%

Hope you all have a good week.