24.06.15
FUNDAMENTAL ANALYSIS BY NSFX 24.06.2015
- BY: Nati
- June, 24th, 2015 8:25 +00:00
Good morning,
Overnight the Nikkei was printing fresh highs in Tokyo. Japanese Corporate Service Prices were up by 0.6% year on year until May. The Bank of Japan released Monetary Policy meeting minutes. USDJPY trading at 124.04 A range of figures coming from Tokyo this week including their Consumer Price Index figures for June, and the Overall Household Spending figures for May.
The NIKKEI closed at 20868.03 after gaining 58.61 points or 0.28%
In Europe today the Greek negotiations are ongoing and the main focus of Euro traders. French GDP out at 0.8% in the first quarter. German IFO figures this morning missed expectations this morning. Britain will see BBA Mortgage Approval figures for May with EURGBP trading at 0.7103
The FTSE100 was trading at 6848.51 while the DAX was trading at 11532.55
US Gross Domestic Product figures for the first quarter out today, with figures expected to be an improvement on the most recent figures. A positive figure could lend more credence to a rate hike, or rate hikes, which Federal Reserve Governor Jerome Powell alluded to; as long as the economy performs as expected. EURUSD trading at 1.1214
The DOW closed at 18144.07 gaining just 24.29 points or 0.13%
Hope you all have a nice day.