28.09.15

Good morning,

The Mid-Autumn Festival means the Hong Kong markets remain closed today. Japanese Leading Economic Index figures for July were out at 105.0; down from 106.7 previously, while the Coincident Index for the same month was out at 113.1; down from 113.3 previously. USDJPY trading at 120.33 at time of writing.

The NIKKEI closed at 17645.11, down 235.40 points from the previous close or minus 1.32%

In Europe today a quiet day ahead, with just minimal data scheduled. Finland publishes Industrial and Consumer Confidence figures for September. Swedish Retail Sales follow before Italian Business and Consumer Confidence conclude the data for the session. EURUSD trading at 1.1174 while USDSEK trades at 8.4253

The FTSE100 was trading at 6083.39 while the DAX was trading at 9658.62 just after the open of the European markets this week.

In the US today Personal Income and Personal Consumption Expenditures figures for August will be the first data released this week. Pending Home Sales figures for the same month also out shortly after. The last of the data out of the US today will be the Dallas Fed Manufacturing Business Index for September. Later in the week however the Unemployment Rate will be updated, and this might have a bearing on the expected FED Interest Rate decision. USOIL trading at $45.58 per barrel.

The DOW closed at 16314.67 last Friday gaining 113.35 points or 0.70% on the previous close.

I hope you all have a good week.