23.06.15

Good morning,

In China the HSBC Manufacturing Purchasing Manager’s Index was slightly above expectations at 49.6 up from 49.1 previously. In Japan the Nomura/JMMA Manufacturing PMI was also out, but missed expectations. Out at 49.9, down from 50.9 previously. USDJPY trading at 123.65 Australian House Price Index show a 1.6% rise in the first quarter, less than the 2.0% rise that had been expected. AUDUSD trading at 0.7740

The NIKKEI closed at 20809.42 gaining 381.23 points or 1.87%

In Europe this morning we see French and German Markit Services and Manufacturing figures. Italian Industrial Sales and Industrial Orders figures follow before the Euro Zone Markit figures. Italian Retail Sales figures are also out this morning. EURUSD trading at 1.1275 Interest Rate decisions out of both Turkey and Hungary this session. The Turkish rate currently stands at 7.5% while the Hungarian rate stands at 1.65% USDTRY trading at 2.6741 while EURHUF trades at 309.36

The FTSE100 was trading at 6843.52 while the DAX was trading at 11561.28 early in the session.

Across the Atlantic today the United States Durable Goods Orders figures are out for May. Forecasts predict an improvement on previous numbers. Other figures out this session in the US will include the Redbook Index, the Housing Price Index, New Home Sales figures for May and provisional Markit Manufacturing PMI figures for May. USOIL was trading at $60.10 per barrel.

The DOW closed at 18119.78 gaining 103.83 points or 0.58%

Hope you all have a nice day.