24.12.14

Dec 24

FUNDAMENTAL ANALYSIS BY NSFX 24.12.2014

  • BY: Nati
  • December, 24th, 2014 11:02 +00:00

Good morning,

The Christmas period has begun in earnest and only minimal market activity is expected this week on account of the shut down. Today we saw the Swiss KOF Leading Indicator for December out at 98.7 down from 98.9 previously. American Jobless Claims figures are due out across the Atlantic as are the MBA Mortgage Applications figures for December. EURUSD trading at 1.2198 and trading at levels not seen since July 2012. Japanese figures are due to be published either side of the shut down, with Bank of Japan Monetary Policy Meeting Minutes published in the coming hours, and the reopen will see Governor Kuroda make a speech. USDJPY trading at 120.45 at time of writing.

The DOW closed at 18024.17 up 64.73 points or 0.36%

Hope you all have a nice Christmas.