May 26


  • BY: Nati
  • May, 26th, 2015 9:41 +00:00

Good morning,

Following the slow start to this trading week we have seen New Zealand release Trade Balance figures for April. NZDUSD trading at 0.7272 at time of writing, a ten week low. Japanese figures in the coming hours will include the Bank of Japan's monetary policy meeting minutes. USDJPY trading at 122.59 a level not seen since 2007.

The NIKKEI closed at 20437.48 following the session.

In Europe today we will again not expect much by way of data from the region. Swiss Employment figures were slightly above expectations, with EURCHF trading at 1.0348 The CBI Trades Survey will be the only data out today from Great Britain. EURGBP trading at 0.7069 while CABLE was trading at 1.5413

The FTSE100 was trading at 7004.93 while the DAX was trading at 11725.42 early in the session.

Across the Atlantic we will see the important Durable Goods figures for April today. EURUSD has dropped this week to the current level of 1.0901 USOIL is currently trading at $59.38 Tomorrow we will get the updated Interest Rate decision from the Royal Bank of Canada. The bank is expected to maintain at the current level of 0.75% USDCAD trading at 1.2357

The DOW closed at 18232.02 dropping 53.72 or minus 0.29%

Hope you all have a nice day.