Apr 29


  • BY: Nati
  • April, 29th, 2015 8:38 +00:00

Good morning,

Figures released overnight in New Zealand saw that their trade balance improved. NZDUSD trading at 0.7708 however following the trade balance figures the ANZ Business Confidence survey for April showed a decline, with a reading of 30.2, down from 35.8 previously. In Japan the banks remain closed for the Showa Day holiday.

The NIKKEI closed at 20058.95 following Tuesday’s session.

In Europe we saw the Riksbank hold Interest Rates steady at -0.25% in Sweden. USDSEK trading at 8.4399 following the announcement of the rate decision. Other European figures this session include Norwegian Retail Sales figures for March, and Italian Business and Consumer Confidence figures. German Consumer Price Index figures for April are also out this session, and any deviation from expectations could affect the Euro. EURUSD trading at 1.0999

The FTSE100 was trading at 7032.01 while the DAX was trading at 11796.60 early in the session.

Across the Atlantic we will see the MBA Mortgage Applications figure for April before we will see updated Gross Domestic Product figures for the first quarter in the US. USOIL is trading at $57.21 before the EIA Crude Oil stocks change figures later in the day. Canada is due to publish their GDP figures on Thursday. USDCAD trades at 1.2027 at time of writing.

The DOW closed at 18110.14 after gaining 72.17 points or 0.40%

Hope you all have a nice day.