28.08.15

Aug 28

FUNDAMENTAL ANALYSIS BY NSFX 28.08.2015

  • BY: Nati
  • August, 28th, 2015 9:26 +00:00

Good morning,

Japanese Retail Sales figures and Consumer Price Index figures were released over the Asian session. USDJPY trading at 120.75 The Australian Interest Rate will be looked at next week. The rate currently set at 2.0% AUDUSD trading at 0.7172 New Zealand sees the NZDUSD pair trading at 0.6464 after hitting a six year low of 0.6232 earlier in the week.

The NIKKEI closed at 19136.32 following a gain of 561.88 points or 3.03% for the session.

In Europe today the Swiss GDP figures were the first thing on the agenda, and they were out higher than had been expected. EURCHF trading at 1.0851 Further GDP data will be released from Great Britain, Poland, Greece and the Czech Republic. EURGBP trading at 0.7329 Norway’s Unemployment rate and Sweden’s Retail Sales figures at out in Scandinavia this session.

The FTSE100 was trading at 6188.04 while the DAX was trading at 10235.66 in the morning session.

Across the Atlantic today the Jackson Hole Symposium is ongoing. Personal Spending and Consumption Expenditures for July will be published and we will see if Personal Income has risen in July. EURUSD trading at 1.1284 while GBPUSD trades at 1.5386 USOIL has seen a slight rise since the start of the week with a barrel priced at $42.59 GOLD was trading at $1127 per ounce.

The DOW closed at 16654.77 following the session on Thursday.

I hope you all have a nice weekend.