Mar 18

FUNDAMENTAL ANALYSIS BY NSFX 18.03.2016

  • BY:
  • March, 18th, 2016 20:40 +00:00

Good evening,

US indices are in a trading range environment today and the DJIA is gaining 120.81 points at 17,602.3 (+0.69%).  The economic calendar was poor of event s and Canadian CPI  YoY +1.4% was below the consensus (+2%). Canadian Retail Sales regarding January at +2.1% were above the estimates (+0.6%). UsdCad  made an intraday double top in area 1.3040 but now is trading at 1.3017 (+0.32%). GbpUsd is unchanged at 1.4479 and  the Greneback is gaining 37 pips vs the Euro.  UsdJpy trading at 111.52 (+0.13%).  Commodities in profit taking with Crude Oil trading at 41.22 $/barrel (-1.06%) and Gold trading at 1,256.1 (-0.70%).

(20:40 GMT).