28.01.15

Good morning,

Australian Consumer Price figures were released overnight, falling slightly more than had been expected. AUDUSD trading at 0.7997 at time of writing. Japanese Foreign Investment figures will be released in the next 24 hours. USDJPY trading at 118.03 New Zealand will announce their Interest Rate decision with the rate expected to remain unchanged at 3.5%

The NIKKEI was trading at 17795.73 up 27.43 points or 0.15%

In Europe today we already saw the German Import Price Index, which fell by more than had been expected. Gfk Consumer Confidence in February however was up to 9.3 from 9.0. The European morning will have French Consumer Confidence figures along with Norway’s Labour Force Survey for November. Greece’s new Government has begun fulfilling their election promises by halting the sale of the Piraeus Port Authority, and reinstating laid-off workers, both in breach of the bailout agreement.

The FTSE100 closed at 6811.61 down 40.79 points or minus 0.60% while the DAX closed at 10628.58 down 169.75 points or minus 1.57%

In the US today all eyes will be on the FED Interest Rate decision, and the following monetary policy statement. EURUSD trading at 1.1342 at time of writing. GOLD was trading at $1287 per ounce. US President Barack Obama this week has visited India, where he met with his counterpart President Modi, and Saudi Arabia where he met with King Salman.

The DOW closed at 17387.21 down 291.49 points or minus 1.65%

Hope you all have a nice day.