20.04.15

Apr 20

FUNDAMENTAL ANALYSIS BY NSFX 20.04.2015

  • BY: Nati
  • April, 20th, 2015 8:25 +00:00

Good morning,

A few hours ago we saw New Zealand’s Consumer Price Index missing expectations; out at 0.1% when 0.2% had been forecast. NZDUSD trading at 0.7716 The Reserve Bank of Australia is scheduled to speak in the coming hours, following will be the RBA Meeting Minutes. AUDUSD gaining and is currently trading at 0.7815

The NIKKEI closed at 19634.49 following the Tokyo session.

A quiet day in Europe expected aside from the matter of Greece and their upcoming payments. German Producer Price Indexes fell by 1.7% year on year, slightly more than the 1.6% drop that had been expected. EURUSD trading at 1.0789 Euro Zone Construction Output figures and the Greek Current Account for February will round up the data releases from Europe this morning.

The FTSE100 was trading at 7056.15 up 61.52 points or 0.88% while the DAX was trading at 11772.46 up 83.76 points or 0.72% early in the session.

In the US today we also have a quiet day ahead with just the Chicago Fed National Activity Index for March scheduled. In Canada however the Bank of Canada Governor Stephen Poloz is due to speak at a summit hosted by Bloomberg in New York. USDCAD trading at 1.2191 at time of writing. GOLD trading at $1206 per ounce while USOIL is trading at $57.83 per barrel.

The DOW closed at 17826.30 following Friday’s session, dropping 279.47 points or minus 1.54%

Hope you all have a good week.