Jul 16


  • BY: Nati
  • July, 16th, 2015 9:56 +00:00

Good morning,

Asian markets saw the New Zealand Consumer Price Index disappoint expectations. However the Business NZ PMI rose to 55.2 from 52.0 previously. NZDUSD trading at 0.6527 a 6 year low. Foreign investment in stock and bonds declined in Japan. USDJPY trading at 123.94

The NIKKEI closed at 20600.12 gaining 136.79 points or 0.67%

Swiss Retail Sales figures for May disappointed, falling 1.8% year on year. Euro Zone Consumer Price Index figures were as expected this session. EURUSD trading at 1.0909 The European Central Bank will announce their Interest Rate decision today. The rate is expected to remain unchanged at the low 0.05% level.

The FTSE100 was trading at 6784.45 while the DAX was trading at 11705.18 early in the session.

Canada yesterday lowered their Interest Rate against the market expectation leading the USDCAD pair to break through the 1.29 figure level for the first time since March 2009 to currently trade at 1.2932 In the US today we will see Jobless Claims figures for early July. Consumer Price Index data from both the United States and Canada are due out tomorrow.

The DOW closed at 18050.17 following Wednesday's session.

Hope you all have a nice day.