Sep 25


  • BY: Nati
  • September, 25th, 2015 8:53 +00:00

Good morning,

Japanese figures Consumer Price Index figures out overnight were in line with expectations. USDJPY trading at 120.53 Asian shares slumped overall the day after Prime Minister Shinzo Abe declared that Japan was no longer in deflation. GBPJPY trading at 183.99 at time of writing.

The NIKKEI closed at 17880.51 after gaining 308.68 points or 1.76% on the previous close.

European markets this session saw a range of minor data out this morning including French Consumer Confidence figures which beat expectations. Italian Wage Inflation and Euro Zone M3 Money Supply and Private Loans were both below expectations. EURUSD trading at 1.1144

The FTSE100 was trading at 6096.95 while the DAX was trading at 9659.74 both green early in the session.

Across the Atlantic Janet Yellen practically confirmed a rate increase in December when she spoke yesterday. Today we will see Gross Domestic Product figures for the second quarter and Consumption Expenditures for the same period. USOIL trading at $45.28 per barrel at time of writing. USDCAD trading at 1.3337 The Federal Reserve of St Louis President James Bullard is scheduled to talk this session ahead of the Markit Services PMI and PMI Composite provisional figures for September.

The DOW closed at 16201.32 down 78.57 points on the previous close.

I hope you all have a nice weekend.