30/04/2014

Apr 30

FUNDAMENTAL ANALYSIS BY NSFX 30.04.2014

  • BY:
  • April, 30th, 2014 8:33 +00:00

Good morning,

Indices in Asia closed with mixed performance and the Nikkei rose 16 points at 14,304 (+0.11%) and the Shanghai Composite in China gained 6.02 points at 2,026.36 (+0.30%). In Hong Kong after yesterday rally it dropped 312.24 points at 22,141.65 (-1.39%). In Europe continental gauges are in negative territory and the Stoxx50 is at 3,197.20 (-0.36%), down 11.48 points and the DAX is losing 10.93 points at 9,573.19 (-0.11%).  In UK the FTSE100 is up 1.8 points at 6,771.71 (+0.03%).

In the FX market the EurUsd is losing 7 pips at 1.3805. UsdJpy is trading at 102.48 (-0.16%), down 16 pips.  GbpUsd is above 1.68 at 1.6812 (-0.1%), looking to consolidate above 1.6820. Swiss Franc is losing 2 pips vs the US dollar at 0.8838 (+0.03%). The Aussie dollar is gaining 17 pips vs. the Greenback, AudUsd is trading at 0.9290 (+0.25%).

Gold is losing 8$ at 1,291 $/oz (-0.62%) and Silver is underperforming the shiny metal and is trading at 19.38 $/oz (-0.81%), down 16 cents. Crude Oil is trading just above 100$/barrel at 100.18 (-1.09%), down 1.10 cents.

Today will be very rich of macro data and is likely that volatility of risky asset classes will increase until Friday.