Jun 18


  • BY: Nati
  • June, 18th, 2015 8:35 +00:00

Good morning,

Foreign Investment in Japanese Stocks and Bonds increased according to figures released overnight. USDJPY trading at 122.92 Looking towards tomorrow’s session the Bank of Japan Monetary Policy Statement is due for publication. The Nikkei Index dropped below 20,000 for the first time since the 19th of May this year late in the Asian trading session.

The NIKKEI closed at 19,990.82 dropping 228.45 points or minus 1.13%

In Europe this session we saw the SNB keep rates unchanged at -0.75% while Norway’s Central Bank lowered their Interest Rate by 25 basis points to 1.0% from 1.25% USDNOK trading at 7.6641 at time of writing. British Retail Sales figures for the month of May are the focus of the UK market this session. CABLE trading at 1.5890 a 2015 high. Euro Zone Labour Cost figures for the first quarter and the Targeted LTRO figures and the ongoing Greek negotiations will figure coming towards the end of the week. EURUSD trading at 1.1413 at time of writing.

The FTSE100 was trading at 6661.24 while the DAX was trading at 10928.52 both in the red.

Across the Atlantic the US markets today will release Jobless Claims figures and Current Account figures at the outset of the trading day. An hour into the session Consumer Price Index figures are expected. Other figures out this session will include the Philadelphia Fed Manufacturing Survey for June and the CB Leading Indicator for May. USDCAD trading at 1.2175 while USOIL trades at $60.72 per barrel.

The DOW closed at 17935.74 gaining 31.26 points or 0.17%

Hope you all have a nice day.