17.04.15

Good morning,

Japanese Consumer Confidence for March was out at 41.7 up from 40.7 previously. The Yen gained against the Greenback, with USDJPY trading at 118.84, a full 200 pips lower than Monday’s high. Looking ahead to the start of next week’s trading, New Zealand will announce CPI figures. NZDUSD was trading at 0.7705

The NIKKEI closed at 19652.88 dropping 232.89 points or minus 1.17%

In Europe we saw Swiss Retail Sales figures for February falling by 2.7% EURCHF trading at 1.0304 while USDCHF trades at 0.9549 The Euro Zone Consumer Price Index for March is due for release this session, and the forecast is for an unchanged 0.6% rise. British Unemployment figures are also out this session, with the rate expected to fall 0.1% from 5.7% to 5.6% EURGBP trading at 0.7211

The FTSE100 was trading at 7073.17 up 12.72 points or 0.18% while the DAX was trading at 11999.48 early in the session.

Across the Atlantic today the United States Consumer Price Index for March and then later the Reuters/Michigan Consumer Sentiment Index will be the main US events, while Canada will also publish their CPI figures at the same time. USDCAD could be volatile at the time of the data release, with the pair currently priced at 1.2173 GOLD has been trading at $1205 per ounce while USOIL was trading at $57.75, after reaching a yearly high of $58.76 yesterday.

The DOW closed at 18105.77 following Thursday’s session.

Hope you all have a nice weekend.