May 27


  • BY: Nati
  • May, 27th, 2015 9:02 +00:00

Good morning,

Asian data released overnight saw Australian Construction Work Done for the first quarter down by 2.4% AUDUSD trading at 0.7743 at time of writing. New Zealand Building Permits figures for April are out this Thursday. NZDUSD trading at 0.7247 Japanese foreign investment figures and retail sales figures expected in the coming 24 hours. USDJPY at a level not seen since July 2007 and currently trades at 122.98

The NIKKEI closed at 20472.58 up 35.10 points or 0.17%

In Europe this morning we saw German, French and Swedish Consumer Confidence figures, with Germany and Sweden showing a slight improvement while France registered a slight drop. EURUSD trading at 1.0918 Swiss Industrial Production figures out tomorrow, as are British Gross Domestic Product figures. EURGBP trades at 0.7087 at time of writing.

The FTSE100 was trading at 6980.11 while the DAX was trading at 11611.84 early in the session.

The main data today will be the Bank of Canada Interest Rate decision. The rate is expected to remain unchanged at 0.75%. USDCAD trading at 1.2423 In the US today Redbook Index and MBA Mortgage Application figures are out this session. Friday will see the release of updated GDP figures for both the US and Canada.

The DOW closed at 18041.54 dropping 190.48 points or minus 1.04%

Hope you all have a nice day.