27.04.15

Good morning,

Starting the trading week off markets remain closed today in Australia and New Zealand for the ANZAC Day holiday. Japanese Retail Sales figures are due at the outset of the coming Asian session with USDJPY trading at 119.20 New Zealand Trade Balance figures out this week ahead of the RBNZ Interest Rate decision midweek. The rate currently at 3.5% NZDUSD trading at 0.7604 Japanese Interest Rate decision later this week.

The NIKKEI closed at 19983.32 down 36.72 points or minus 0.18%

In Europe a quiet day expected by way of data releases. Turkish Visitor figures are out ahead of the CBI Industrial Trends Survey figures for April in the UK GBPUSD trading at 1.5136 Looking ahead the Swedish Riksbank Interest Rate decision takes place on Wednesday. On Thursday we will await the German Unemployment Rate, which is expected to remain unchanged at 6.4% EURUSD trading at 1.0839

The FTSE100 was trading at 7041.29 while the DAX was trading at 11787.74 early in the session.

Across the Atlantic today we await Markit Services PMI figures for April and the he Dallas FED Manufacturing Business Index for the same month. Gross Domestic Product and the FED Interest Rate decision will be announce this Wednesday and on account of these important events it is likely to be a quiet start to the week stateside. USDCAD trading at 1.2182 while USOIL was trading at $57.75 per barrel.

The DOW closed at 18080.14 on Friday, for a gain of 21.45 or 0.12%

Hope you all have a nice week.