27/09/2013

Good morning,

In USA stock indices closed with a positive performance after the S&P had five consecutives negative trading days. The S&P closed at 1698.67 (+0.35%), Dow at 15238 (+0.36%), and Nasdaq closed at 3787.43 (+0.70%) up 26.33 points.  In Asia The Nikkei lost 39 points (-0.26%) at 14760 points, the HangSeng consolidated above 23000 at 23221.8 (+0.42%) and in Australia the S&P/ASX200 had a performance of +0.24% at 5307.06.  This morning at 7.52 GMT  in Europe the DAX index is trading at 8645 (-0.1%) and the FTSE100 is down -0.25% at 6542.  Equities are  trading with low volatility waiting important macro data like Economic Sentiment Indicator, Business Climate, Consumer Confidence, Service Sentiment. All those data will be released at 09:00 GMT.  At the same time there will be a speech of ECB President Mario Draghi.In Germany will be released as well data regarding inflation with the Harmonised Index of Consumer Prices and Consumer Price Index.  In the FX market the EurUsd is struggling to gain 1.35 and is up (+0.1%), the GbpUsd is up +0.28% at 1.6084. The yen is gaining against all the majors: UsdJpy -0.43% at 98.55, AudJpy -0.77% at 92. This afternoon in USA from 12:30 GMT will be released Personal Spending and Personal Income data. At 13:55 GMT the release of the Reuters/Michigan Consumer Sentiment Index might decide the direction of  the markets. Crude oil is trading at the Nymex down -0.35 at 102.68 (-0.34%) and Gold is above 1300 at 1325.8 (+0.13%).