22.06.15

Jun 22

FUNDAMENTAL ANALYSIS BY NSFX 22.06.2015

  • BY: Nati
  • June, 22nd, 2015 8:42 +00:00

Good morning,

A quiet start to the week regards scheduled data releases, with just New Zealand publishing any figures out of Asia overnight. Their Westpac Consumer Survey was out at 113.0, down from 117.4 previously. Visitor Arrivals were up by 9.5% year on year in May. NZDUSD trading at 0.6922 In the next 24 hours the Bank of Japan will hold a Press Conference. USDJPY trading at 123.02

The NIKKEI closed at 20428.19 gaining 253.95 points or 1.26%

In Europe the focus remains on the Greek debt deal, or lack of one. EURUSD trading at 1.1334 with the talks ongoing. Danish Consumer Confidence figures for June were out at 9.8, down from 13.0 previously. Retail Sales in Denmark were down 3.8% year on year until May. EURDKK trading at 7.4607 Greece and Portugal will release Current Account balances today. Britain’s Inflation Report will be published tomorrow. EURGBP trading at 0.7144

The FTSE100 was trading at 6800.64 while the DAX was trading at 11383.20 early in the session.

In the US today we will see Existing Home Sales figures for May along with the Chicago Fed National Activity Index. Tomorrow looks more interesting with Durable Goods Orders figures from May, with Wednesday comes the Gross Domestic Product figures for the first quarter. USOIL trading at $60.53 per barrel at time of writing. USDCAD is trading at 1.2260

The DOW closed at 18015.95 on Friday, down 99.89 points or minus 0.55% on the day.

Hope you all have a nice week.