26.06.15

Good morning,

Japanese Household Spending increased in May, while the unemployment remained at the 3.3% level. USDJPY trading at 123.40 Consumer Price Index figures from Japan were also largely in line with expectations. Looking ahead to next week we will see Australian New Home Sales figures and New Zealand’s Building Permits early on. AUDNZD trading at 1.1201

The NIKKEI closed at 20706.15 down 65.25 points or minus 0.31%

In Europe we saw German Import Price Index figures missing expectations, dropping 0.8% year on year until May. French Consumer Confidence was up slightly, while Hungary saw their Unemployment Rate drop from 7.6% to 7.1% EURHUF trading at 312.39 Sweden releases Retail Sales figures, before we see the Italian Consumer Confidence data for June. Greece is still high on the agenda, with the markets waiting to see the outcome of the Extraordinary Economic Summit meetings which are ongoing. EURUSD trading at 1.1202

The FTSE100 was trading at 6760.11 while the DAX was trading at 11402.63 early in the session.

Across the Atlantic today we will see the Reuters/Michigan Consumer Sentiment Index and a speech from Kansas City Federal Reserve President Esther George, and not much else. USOIL was trading at $59.71 per barrel while GOLD was trading at $1175.70 per ounce. USDCAD was trading at 1.2353

The DOW closed at 17890.36 down 75.71 points or minus 0.42%

I hope you all have a nice weekend.