Mar 26


  • BY: Nati
  • March, 26th, 2014 8:31 +00:00

Good morning,

Reserve Bank of Australia Chairman, Glenn Stevens, gave the Aussie dollar a boost following his speech and the currency gained across the board. The AUDUSD climbed to trade above the 0.92 level this session for the first time since November last year. Japanese figures later in the week will see Consumer Price Index data, and the unemployment rate figure released, which is expected to remain at 3.7%

The NIKKEI was trading at 14477.16 up 53.97 points or 0.37%

European figures today will see the Swiss National Bank’s Quarterly Bulletin released, following Italian data on Retail Sales and Consumer Confidence. EURUSD is currently trading at 1.3815 with CABLE trading at 1.6550 The UK will see retail sales figures released tomorrow, and there will be GDP data out on Friday.

The FTSE100 closed at 6614.79 up 9.90 points or 0.15% while the DAX closed at 9408.48 up 70.08 points or 0.75%

US Markets await the Durable Goods Orders figures this session, with expectations of a 1% increase, up from the -1% showing last month. Crude Oil stocks figures are also due out, with USOIL trading at 99.20 dollars per barrel. There are ongoing tensions in the Ukraine, which could have an impact on Oil, Gas and Gold prices over the duration of the situation in the Crimea region. Currently Gold is trading at $1315 per ounce.

The DOW closed at 16367.88 up 91.19 points an increase of 0.56%

Hope you all have a good day.