27.01.15

Good morning,

The Chinese CB Leading Economic Index was published at 1.1 up from 0.8 previously. National Australia Bank’s Business Confidence was up, while the Conditions decreased slightly. AUDUSD trading at 0.7922; with the Australian Consumer Price Index due out in the next 24 hours. Japanese Consumer Price Index figures and unemployment data due out later in the week. USDJPY trading at 118.01

The NIKKEI was trading at 17768.30 up 299.78 points or 1.72%

In Europe today we will see the Hungarian Interest Rate decision, with EURHUF trading at 312.24 early in the European session. Swedish consumer Price Index figures and Trade Balance are also published this session, with British GDP figures expected to be the main mover in Europe today. GBPUSD trading at 1.5088

The FTSE100 was trading at 6843.82 while the DAX was trading at 10801.13 shortly after the open.

Across the Atlantic today we will see US Consumer Confidence figures and December’s Durable Goods Orders. Tomorrow we await the FED Interest Rate decision and Monetary Policy Statement. EURUSD trading at 1.1282 GOLD has fallen below the $1280 level and is currently priced at $1278 per ounce. Weather warnings in the North Eastern US will see a lot of business shut down for the expected blizzard.

The DOW closed at 17678.70 following yesterday’s session.