27.02.15

Feb 27

FUNDAMENTAL ANALYSIS BY NSFX 27.02.2015

  • BY: Nati
  • February, 27th, 2015 9:01 +00:00

Good morning,

Australian Private Sector Credit figures were released overnight, along with the M3 Money Supply. AUDUSD trading at 0.7812 Japanese Vehicle Production was down by 9.7% year on year January figures show. Housing Starts were also down by 13.0% for the same period. USDJPY trading at 119.31 The Reserve Bank of Australia will announce their Interest Rate decision Tuesday.

The NIKKEI was trading at 18797.94 up 12.15 points or 0.06%

In Europe today GDP figures for Denmark, Sweden, Greece and Portugal will be released. German & Italian Consumer Price Index data for February, along with Hungarian and Norwegian unemployment data will also be announced. EURUSD trading at 1.1217 Looking ahead to next week, the ECB will announce their Interest Rate decision on Thursday.

The FTSE100 was trading at 6949.73 while the DAX was trading at 11334.41 early in the European session.

Across the Atlantic today we await the Gross Domestic Product number from the US. GDP is expected to grow by 2.1%, down from the 2.6% growth in the previous quarter. Canada will make their Interest Rate decision on Wednesday of next week. USDCAD trading at 1.2487

The DOW closed at 18214.42 down 10.15 points or minus 0.06%

Hope you all have a nice weekend.