25.06.15

Good morning,

Asian markets were quiet overnight, with little or no data released into the market. USDJPY trading at 123.59 Tokyo Consumer Price Index figures will be published in the coming 24 hours. GOLD tading at $1174.82 per ounce. China is in line to change the loan-to-deposit ratio requirement which prohibits banks from lending more than 75 percent of their deposits. Removal of the ratio would allow banks to release up to 6.6 trillion yuan in extra lending. New Zealand will publish Trade Balance figures at the outset of the next Asian session. NZDUSD trading at 0.6902

The NIKKEI closed at 20771.40 down 96.63 points or minus 0.46%

In Europe this morning German Gfk Consumer Confidence Survey figures for July were slightly lower than expected. EURUSD trading at 1.1183 Sweden’s Producer Price Index figures for May were published. USDSEK trading at 8.2355 Britain will publish the CBI Distributive Trades Survey for June with EURGBP trading at 0.7122 The EU has further meetings to discuss Greece’s ability to pay debts today.

The FTSE100 was trading at 6849.42 while the DAX was trading at 11505.12

Across the Atlantic the United States Personal Consumption Expenditure figures will be announced for May, while the Initial and Continuing Jobless Claims figures will also be updated. USOIL trading at $60.19 per barrel. EIA Natural Gas Storage change figures for June will be out this session.

The DOW closed at 17966.07 down 178.00 points or minus 0.98%

Hope you all have a nice day.