Apr 16


  • BY: Nati
  • April, 16th, 2015 8:39 +00:00

Good morning,

Australian Unemployment dropped to just 6.1%, when the rate had been expected to rise to 6.3% Following the favourable data the Aussie gained ground, notably against the Greenback with a just above 0.77 for the first time this week. There is very little data expected from the Asian market for the rest of this trading week aside from the Japanese Consumer Confidence Index for March. USDJPY trading at 119.40

The NIKKEI closed at 19885.77 following the Japanese session.

The ECB yesterday left their Interest Rate unchanged at 0.05% as had been expected, and ECB President had a shock when his press conference was met with an unscheduled interruption. The Swiss Producer and Import Prices figures were up slightly on expectations this morning, with a monthly growth of 0.2% for March. EURCHF was trading at 1.0307 while EURGBP was trading at 0.7174

The FTSE100 was trading at 7084.84 while the DAX was trading at 12142.15 early in the session.

Across the Atlantic today Jobless Claims figures, Building Permits and Housing Starts data will be analyzed by the markets. EURUSD trading at 1.0636 Tomorrow both the US and Canada will release Consumer Price Index data. USDCAD trading at 1.2321 the lowest the pair has traded since late January. GOLD is trading at $1207 per ounce.

The DOW closed at 18112.61 up 75.91 points or 0.42% for the session.

Hope you all have a nice day.