May 20


  • BY: Nati
  • May, 20th, 2015 8:49 +00:00

Good morning,

Japanese Gross Domestic Product figures beat expectations in the first quarter of the year. USDJPY was trading at 121.00 at time of writing. Foreign Investment figures out in the next 24 hours. Australian Consumer confidence figures by Westpac show a 6.4% reading. AUDUSD trading at 0.7897

The NIKKEI closed at 20196.56 up 170.18 points or 0.85%

European markets today started with German Producer Price Index figures for April missing expectations and the EURUSD pair hitting a monthly low of 1.1062 before recovering to trade above 1.11 at time of writing. The Swedish Unemployment rate rose to 8.3% from 8.0% and USDSEK is trading at 8.3637 The Bank of England will publish voting figures on the interest rate decision.

The FTSE100 was trading at 6976.98 while the DAX was trading at 11820.32 early in the session, both down on the previous close.

In the US today the main event will be the FOMC meeting minutes. EIA Crude Oil Stocks change is also out this session. USOIL trading at $58.76 Friday will then see Consumer Price Index figures released from both the US and Canada. USDCAD trading at 1.2228 with the open on Friday expected to be one with a high trading volume on this pair due to the data figures.

The DOW closed at 18312.39 following Tuesday’s session.

Hope you all have a nice day.