17/02/2014

Feb 17

FUNDAMENTAL ANALYSIS BY NSFX 17.02.2014

  • BY:
  • February, 17th, 2014 9:01 +00:00

Good morning,

Equities in Asia started the trading week with a positive performance. The Nikkei in Japan gained 80 points at 14,393 (+0.56%) and in Hong Kong the Hang Seng closed at 22,535.94 (+1.07%) , up 237.53 points. In China the Shanghai Composite rose 19.57 points at 2,135.41 (+0.92%).

In Europe at 8:30 GMT  the Stoxx50 is up 8.41 points at 3,127.47 (+0.27%) and in Germany the DAX is up 13.68 points at 9,676.08 (+0.18%).  Today equity markets In US will be closed for the Presidents Day. In Europe no relevant macro data is going to be released.

In the FX market  the UsdJpy failed to reach 102 and is trading at 101.89 (+0.09%). The EurUsd is up 14 pips at 1.3705 (+0.1%) and GbpUsd is trading at 1.6779 (+0.18%), up 30 pips. UsdChf is losing 8 pips at 0.8918 (-0.09%).  GbpJpy is trading at 170.94 (+0.27%) , up 44 pips.

Precious metals are rising again after last week positive performance.  Gold is trading at 1,324.34 $/ounce (+0.48%) and is consolidating above the 200SMA and Silver is at 21.64 $/ounce  (+0.99%).