Jul 24


  • BY: Nati
  • July, 24th, 2015 9:00 +00:00

Good morning,

Risk off sentiment in Asia with Foreign Stock and Bond investment in Japan down according to figures released overnight. USDJPY trading at 123.96 New Zealand also saw disappointing figures with the Trade Balance figures falling. NZDUSD trading at 0.6584 The Chinese HSBC Manufacturing Purchasing Managers Index came out at 48.2; below the expected figure of 49.7

The NIKKEI closed at 20544.53 at the close of the week.

In Europe this session we see Markit Manufacturing and Services PMI figures from France, Germany and the Euro Zone. Italian Wage Inflation figures and BBA Mortgage Approval figures from the United Kingdom will also be out in the European session. EURUSD trading at 1.0949 with EURGBP trading at 0.7064 Greek debts are  still an issue the markets are taking note of after a second package vote saw the Greek parliament approve the reform measures.

The FTSE100 was trading at 6671.58 while the DAX was trading at 11533.74

In the US today we also have Markit Manufacturing Purchasing Managers Index data out. Following the PMI data we will see New Home Sales figures for June. Looking ahead to next week, we will see the FED Interest Rate Decision on Wednesday, but ahead of that we will look at Durable Goods Orders on Monday. USOIL is trading at $48.85 per barrel with an ounce of GOLD trading at $1084

The DOW closed at 17731.92 down 119.12 points or minus 0.67%

Hope you all have a nice weekend.