Jan 26


  • BY: Nati
  • January, 26th, 2015 7:50 +00:00

Good morning,

A quiet start to the week in Asia with Australia shut down for their national holiday. The Bank of Japan Monetary Policy meeting minutes were released, along with Import and Export figures. Exports rose by more than had been expected, and this has been attributed to the falling Yen, while Imports rose, but by less than had been expected. USDJPY trading at 118.15

The NIKKEI was trading at 17468.52 down 43.23 points or minus 0.25%

In Europe today we await the IFO January figures, including Expectations, Business Climate and Current Assessment. Retail Sales figures for the Euro Zone also out this session. EURUSD trading at 1.1215 BBA Mortgage Approvals figures for December will be released in the UK where property prices continue to rise. EURGBP trading at 0.7455 ahead of tomorrow’s UK Gross Domestic Product figures for the 4th Quarter.

The FTSE100 closed at 6832.83 while the DAX closed at 10649.58 following Friday’s session.

This week we await the FED’s Interest Rate decision on Wednesday which is expected to remain at 0.25%, but today we will see little of interest in way of scheduled data releases. The Dallas Fed Manufacturing Business Index is due out this session. Tomorrow will be a bit more interesting with Durable Goods orders and Consumer Confidence results out.

The DOW closed at 17672.60 last week, down 141.38 points or minus 0.79% on the day.

Hope you all have a good week.