Apr 24


  • BY: Nati
  • April, 24th, 2015 8:22 +00:00

Good morning,

Figures from Japan overnight saw the All Industry Activity Index for February come out higher than expected at 0.1% when a drop of 1.9% was forecast, down from 1.9% previously. USDJPY trading at 119.22 The Bank of Japan will announce their Interest Rate decision the middle if next week, with the rate currently at 0.10%

The NIKKEI closed at 20020.04 down 167.61 points or minus 0.83%

In Europe this session we will see the IFO Business Climate/Current Assessment/Expectations figures for April from Germany. EURUSD trading at 1.0891 ahead of the figures. Greek fears seem to have been allayed as German Chancellor Angela Merkel said yesterday evening that Greece must be helped from running out of money before a deal with their international creditors can be reached.

The FTSE100 was trading at 7076.70 while the DAX was trading at 11748.75 early in the session.

In the US today we await Durable Goods Orders for March, which are expected to grow by 0.6% following a 1.4% decline at the time of the previous release. The Bank of Canada Governor, Stephen Poloz, is scheduled to speak this session. USDCAD trading at 1.2118 USOIL has climbed to $58.23 per barrel at time of writing.

The DOW closed at 18058.69 on Thursday, up just 20.42 points or 0.11%

Hope you all have a nice weekend.