30.07.15

Good morning,

Japanese foreign stock and bond investment figures dropped according to figures released for July. Industrial Production figures were out higher than expected. USDJPY trading at 124.23 Australia saw building permits dropping by more than had been expected. AUDUSD trading at 0.7287 RBA Governor Glenn Stevens spoke last night, with emphasis on Chinese investment in the Asian region which he said could be up to $400 Billion worth.

The NIKKEI closed at 20522.83 gaining 219.92 points or 1.08%

In Europe this session we will see Danish and German Unemployment figures, Sweden and Spain’s Gross Domestic Product figures before Euro Zone confidence figures including business climate and industrial confidence figures. EURUSD trading at 1.0954 German Consumer Price Index figures will wrap up the European session’s data later in the afternoon.

The FTSE100 was trading at 6645.74 while the DAX was trading at 11226.36 early in the session.

In the US today Gross Domestic Product figures are expected to grow from -0.1% in the first quarter to a 1.5% second quarter showing. Jobless Claims figures and Personal Consumption figures will also be announced today. Yesterday the FED left Interest Rates unchanged at 0.25% and now the market is expecting a rate hike at the September meeting, although the Fed’s Monetary Policy Statement was not much different from the previous one. USOIL trading at $49.02 per barrel. Canada will publish GDP figures tomorrow with USDCAD trading at 1.2978

The DOW closed at 17751.39 up 121.12 points or 0.69%

I hope you all have a nice day.