22.04.15

Good morning,

Overnight the Reserve Bank of Australia published Consumer Price Index figures in line with expectations. AUDUSD trading at 0.7779 Japanese Trade Balance increased in March, exports were up by 8.5% while imports fell by 14.5% USDJPY trading at 119.56 Looking ahead Foreign Investment figures and the Nomura/JMMA Manufacturing Purchasing Index numbers will be out in the coming 24 hours.

The NIKKEI closed at 20133.90 up 224.81 points or 1.13% the highest level in 15 years.

The Bank of England meeting minutes and voting numbers are out today, which may give an indication as to when the rate may be changed. Any change could lead to volatility in Sterling pairs. EURGBP trading at 0.7189 Danish Retail Sales figures out this session saw a 2.7% rise year on year to March. Italian Industrial Sales and Industrial Orders figures out this session, and later the Turkish Central Bank will announce their Interest Rate decision. The rate currently stands at 7.5%

The FTSE100 was trading at 7071.56 while the DAX was trading at 12019.93 early in the session.

In the US today the MBA Mortgage Applications for April are due out followed by Home Sales figures and the Housing Price Index. Following that the EIA Crude Oil Stocks change will be out, with USOIL currently trading at $56.24 per barrel, dropping on the cessation of air strikes in Yemen by Saudi Arabia. EURUSD trading at 1.0757

The DOW closed at 17949.59 after dropping 85.34 points or minus 0.47%

Hope you all have a nice day.