31.07.15

Good morning,

A range of data out of Australia and Japan which see Housing Starts figures out of Japan increase by 16.3% in June year on year. USDJPY trading at 124.27 Australia’s Producer Price Index rose by 1.1% year on year. AUDUSD trading at 0.7272 after hitting a yearly low of 0.7254 yesterday the lowest level since May 2009 Looking ahead to next week, Australian Unemployment figures towards the latter part of the week will be announced, with the Reserve Bank of Australia’s Interest Rate decision out earlier in the week. The rate currently sits at 2.0%

The NIKKEI closed at 20585.24 gaining 62.41 points or 0.30%

In Europe today German Retail Sales figures were down by 2.3% for the month of June. The expected 0.3% figure missed and EURUSD falling to trade at 1.0927 French Producer Price Index figures and Italian and Norwegian Unemployment figures to follow. USDNOK trading at 8.1877 Euro Zone Consumer Price Index figures expected to remain unchanged at 0.2%

The FTSE100 was trading at 6678.40 while the DAX was trading at 11282.64 both in the green early in the session.

Canada’s Gross Domestic Product figures will be out this session, with expectations of no growth priced in. USDCAD trading at 1.3042 In the US not much happening on the calendar asides from the Chicago Purchasing Manager’s Index and the Reuters/Michigan Consumer Sentiment Index for July. USOIL trading at $48.05 per barrel, with GOLD trading at 1083 dollars per ounce.

The DOW closed at 17745.98 following trading on Thursday.

I hope you all have a nice weekend.