Jan 29


  • BY: Nati
  • January, 29th, 2015 7:55 +00:00

Good morning,

The Reserve Bank of New Zealand left their interest rate unchanged at 3.5% with NZDUSD trading at 0.7308 a level not seen since early 2011. Japanese data shows that foreign stock and bond investment is up, although retail sales are still declining, which surprised some analysts. USDJPY trading at 117.74 with Consumer Price Index figures coming in the next 24 hours.

The NIKKEI was trading at 17606.22 down 189.51 points or minus 1.06%

In Europe and in the UK Nationwide Housing Prices were published this morning, with Danish Unemployment in December to follow along with Swedish Consumer Confidence figures for January. EURGBP trading at 0.7452 with USDNOK trading at 7.836 The German Unemployment figure will be the main event in Europe today, where unemployment is expected to remain at 6.5%

The FTSE100 closed at 6825.94 while the DAX closed at 10710.97

The FED said the U.S. economy was expanding "at a solid pace" with job gains seen as a signal that the central bank remains on track with its plans to raise interest rates this year. Following this statement the Jobless Claims figures today could see higher volatility than usual. United States Gross Domestic Product figures are due out tomorrow. EURUSD trading at 1.1288 with GOLD trading at $1281 per ounce.

The DOW closed at 17191.37 down 195.84 points or minus 1.13%

Hope you all have a nice day.