May 28


  • BY: Nati
  • May, 28th, 2015 8:36 +00:00

Good morning,

USDJPY reached a level of 124.30 a level not seen since 2002 Retail Sales figures in Japan for April grew by 5.0% slightly below the forecast 5.4% year on year. Foreign Investment in stocks and bonds figures were also released, with stocks investment on the rise. Unemployment figures will be released in the coming hours. The rate is expected to remain at 3.4%

The NIKKEI closed at 20551.46 up 78.88 points or 0.39%

In Europe today the Swiss Trade Balance figures beat expectations with EURCHF trading at 1.0340 Spanish GDP figures out today saw a 2.7% growth figure year on year. Retail Sales were also on the rise. British Gross Domestic Product figures to follow. EURGBP was trading at 0.7111 at time of writing. Italian and Euro Zone Consumer Confidence figures to follow. EURUSD trades at 1.0925

The FTSE100 was trading at 7007.08 while the DAX was trading at 11721.30 early in the session, both declining after the open.

In the US today we will see Jobless Claims figures followed by Pending Home Sales data for April. Canada left Interest Rates unchanged at 0.75% as had been expected, and today we will see the Current Account data for the first quarter. Raw Material Price Index figures for April and Industrial Product Price figures for April also out this session. USDCAD trading at 1.2456 EIA Crude Oil Stocks change figures out in the US this session with USOIL trading at $57.98

The DOW closed at 18162.99 gaining 121.45 points or 0.67%

Hope you all have a nice day.