Jan 20


  • BY: Nati
  • January, 20th, 2014 8:14 +00:00

Good morning,

Martin Luther King Day means that the US markets are closed and a quiet day is expected regards volume traded on account of this. China’s GDP figures were out along with retail sales figures. Chinese GDP is reading 7.7% year on year, with retail sales figures growing at 13.6% as had been expected. USD/JPY was trading at 104.19 with a high of 104.26 and a low of 103.86 so far. New Zealand will release Consumer Price Index figures later with a 1.5% increase expected in growth.

The NIKKEI was trading at 15641.68 down 92.78 points or minus 0.59%

Europe will see very little data out today, aside from German Producer Price Index figures, which came out at -0.5% year on year, above the -0.7% that had been expected. The EUR/USD was trading at 1.3545, and may not move significantly until US markets are open to trade again tomorrow. Italian Industrial Order figures are due out this morning, otherwise a quiet day today with regards data releases.

The FTSE100 closed at 6829.30 on Friday, up 13.88 points or 0.20% for the day, while the DAX closed at 9742.96 up 25.25 points or 0.26%

Hope you all have a good day.