30.09.15

Good morning,

Asian markets recovered some of the recent losses with Japan’s Nikkei opening higher after the recent sell off. USDJPY trading at 120.01 Foreign Investment figures and the Tankan Manufacturing figures are coming in the next 24 hours. Australian Building Permits figures were down, while Private Sector Credit figures for August were continuing to rise. AUDUSD trading at 0.6992 Russia’s Senate has approved military action in Syria. GOLD trading at $1126 per ounce

The NIKKEI closed at 17388.15 gaining 457.31 points or 2.70% on the previous close.

In Europe this session German Retail Sales figures were out below expectations for the month of August. The British Nationwide Housing Prices were on the rise, beating expectations. EURGBP trading at 0.7408 Switzerland’s KOF Leading Indicator missed expectations, and the UBS Consumption Indicator for August dropped slightly from previous readings. EURCHF trading at 1.0941 The Second Quarter Gross Domestic Product figures will be released in the UK later this morning. GBPUSD trading at 1.5142 a level not seen since May.

The FTSE100 was trading at 6015.49 while the DAX was trading at 9637.57

Across the Atlantic today Canadian Gross Domestic Product figures for July, and MBA Mortgage Applications figures out of the US and ADP Employment Change figures for September and the Chicago Purchasing Managers’ Index for the same month are the main data releases today. USDCAD trading at The EIA Crude Oil Stocks change figures could be interesting for oil traders with USOIL trading at $45.14 per barrel.

The DOW closed at 16049.13 following a 47.24 point increase on the previous close, up 0.30%

I hope you all have a nice day.