Jun 24


  • BY: Nati
  • June, 24th, 2014 8:24 +00:00

Good morning,

Asia sees little by way of data release until later this week when the New Zealand Trade figures will be published and the Japanese Consumer Price Index figures, and unemployment rate. USDJPY was trading at 101.97 while NZDUSD was trading at 0.8706 at time of writing.

The NIKKEI was trading at 15376.24 up just 6.96 points or 0.05%

European news saw the German IFO figures come out slightly below expectations, although the Euro didn’t suffer too badly on account of this. EURUSD is trading at 1.3612 at time of writing. The British Treasury Committee Inflation Report Hearings are due out this session, and we can expect GBP figures to be volatile around these announcements. CABLE was trading at 1.7027

The FTSE100 was at 6798.90 while the DAX was trading at 9925.79 both within 0.1% of the opening price this session.

The US will hear speeches from Plosser and Williams this session. Consumer Confidence reports for June and New Home Sales figures for May will be published this session with confidence expected to be up as are new home sales figures. GOLD is trading at $1314 per ounce and OIL prices have retreated from monthly highs on account of Iraqi fears. Crude is currently priced at $105.60 per barrel.

The DOW closed at 16937.26 down just 9.82 or minus 0.06% for the session.

Hope you all have a good day.