May 29


  • BY: Nati
  • May, 29th, 2015 8:08 +00:00

Good morning,

Japanese household spending fell 1.3%in the year to April, disappointing analysts who expected a 3.1% gain. Housing Starts beat expectations, out at 0.4% against 0.0% expected, from 0.7% previously. USDJPY trading at 123.75 Looking ahead to the coming week we will see the RBA Interest Rate decision on Tuesday out of Australia AUDUSD trading at 0.7662

The NIKKEI closed at 20563.15 up just 11.69 points or 0.06%

In Europe today we saw Swiss Gross Domestic Product figures falling below expectations, falling by 0.2% in the first quarter. This could be that exports have been suffering since the CHF gained against the Euro in particular following the SNB announcement on the 15th of January. EURCHF trading at 1.0345 at time of writing. Norway and Denmark will update Unemployment data this session. Italian, Portuguese and Greek GDP data is also out today. EURUSD trading at 1.0949

The FTSE100 was trading at 7028.21 while the DAX was trading at 11579.70 early in the session.

Across the Atlantic both the US and Canada will be announce Gross Domestic Product figures. USDCAD trading at 1.2439 and this pair in particular could see higher volumes than usual around the time of the data releases this session. USOIL was trading at $58.58 per barrel while an ounce of GOLD would cost you $1189.50

The DOW closed at 18126.12 following Thursday’s session; down36.87 points or minus 0.20%

Hope you all have a nice weekend.