Fundamental Analysis – 01/10/2015

Oct 01

FUNDAMENTAL ANALYSIS BY NSFX 01.10.2015

  • BY:
  • October, 01st, 2015 16:02 +00:00

fundamental-analysis-1

Good Evening, 

China NBS Manufacturing PMI came in at 49.8, above forecasts (49.6) in September. Japan Nomura / JMMA Manufacturing Purchasing Manager Index rose from previous 50.9 to 51 in September. World stocks and commodities rebounded on Thursday after a bruising third quarter, as surveys showed Chinese manufacturing activity was stronger than many global investors had feared. EURJPY trading at 133.87 while USDJPY trading at 119.58. 

 

Spain Markit Manufacturing PMI came in at 51.7, below expectations (53) in September. Switzerland SVME - Purchasing Managers' Index below expectations (51.8) in September: Actual (49.5). Sweden Purchasing Managers Index Manufacturing (MoM): 53.3 (September) vs 53.2. Italy Markit Manufacturing PMI below expectations (53.3) in September: Actual (52.7). Markit/BME Germany Manufacturing Purchasing Managers’ Index (PMI) fell to 52.3 in September from 53.3 in August. Greece Markit Manufacturing PMI climbed from previous 39.1 to 43.3 in September. European Monetary Union Markit Manufacturing PMI meets expectations (52) in September. United Kingdom Markit Manufacturing PMI came in at 51.5, above forecasts (51.3) in September. According to the PMI Press Release, September export orders picked up on the back of new intermediate goods clients in the USA and Europe possibly enjoying some of the August exchange rate depreciation. Combined with the PMI survey data that showed factory growth weakened slightly last month, with slowing new orders and output that is likely to prompt the ECB to expand its stimulus program. European stock markets enter the final quarter of the year in upbeat fashion, as investors welcome better-than-expected factory data from China. USDCHF trading at 0.9742 while EURCHF trading at 1.0906. 

euro-area-manufacturing-pmi

United States Continuing Jobless Claims registered at 2.19M, below expectations (2.24M) in September 18. Junk-bond investors are closing the books on their quarter in four years, and there is no sign the pain will end. EURUSD trading at 1.1195 while USDCAD trading at 1.3234.

Daily Performances (3.45 pm. GMT);

 

Currencies / Indices / Commodities

Performance

EURUSD

0.16%

GBPUSD

0.15%

AUDUSD

0.56%

USDJPY

-          0.22%

NZDUSD

0.28%

GBPJPY

-          0.08%

DOW Jones Industrial Average

-          0.66%

S&P 500

-          0.39%

NASDAQ Composite Index

-          0.64%

GOLD

0.13%

FTSE 100 Index

0.21%

DAX Index

-          1.56%

CAC 40 Index

-          0.59%

OIL

0.75%

Nikkei Stock Average 225

1.92%

SEN SEX Bombay Sensitive 30 Index

0.25%

I hope you all have a nice evening. 

All the figures are as at the writing time.