Apr 21


  • BY: Nati
  • April, 21st, 2015 8:10 +00:00

Good morning,

The RBA minutes showed that the central bank is considering another interest rate cut. More economic data between now and its May board meeting will be analyzed before making the decision. AUDUSD fell and it is currently priced at 0.7697 Japan released the Coincident Index and the Leading Economic Index February figures. USDJPY trading at 119.49 at time of writing.

The NIKKEI closed at 19909.09 gaining 274.60 points, up1.40%

In Europe today we have Swedish Unemployment figures, with the rate at 8.4% coming into the announcement. Any change could have an effect on the SEK which is trading at 8.7192 against the USD German and Euro Zone ZEW Economic Sentiment figures out this session. EURUSD trading at 1.0673 The Hungarian Interest Rate decision takes place this session, with the current rate at 1.95%

The FTSE100 was trading at 7099.63 while the DAX was trading at 12050.13 early in the session.

Across the Atlantic today there is very little data releases expected. The Redbook Index for April from the US and Canadian Whole Sales figures for February. USDCAD trading at 1.2272 Friday will see the Durable Goods Orders coming from the US. GOLD has dropped below the $1200 mark again and is currently trading at $1195 per ounce. USOIL selling at $57.60 per barrel at time of writing.

The DOW closed at 18034.93 up 208.63 points or 1.17%

Hope you all have a nice day.