Fundamental Analysis – 04/02/2016

Feb 04

FUNDAMENTAL ANALYSIS BY NSFX 04.02.2016

  • BY:
  • February, 04th, 2016 1:14 +00:00

Good Morning,

United States ADP Employment Change registered at 205K above expectations (195K) in January. USDCHF is trading at 1.0047 while USDCAD is trading at 1.3763.

European Monetary Union Markit PMI Composite above expectations (53.5) in January: Actual (53.6). EURCAD is trading at 1.5284 while EURGBP is trading at 0.7606.

Bank of Japan Governor Haruhiko Kuroda said the central bank has ample room to expand stimulus further and is prepared to cut interest rates deeper into negative territory, signalling a readiness to act again to hit his ambitious inflation target. GBPCHF is trading at 1.4664 while EURCHF is trading at 1.1158.

Daily Performances (4.00 am. GMT); 

Currencies / Indices / Commodities

Performance

NZDUSD

2.44%

GBPJPY

-          0.41%

AUDUSD

2.00%

USDCAD

-          2.06%

EURGBP

0.43%

CAC 40 Index

-          1.33%

IBEX 35 Index

-          2.51%

Euro Stoxx 50 Pr

-          1.87%

FTSE 100 Index

-          1.43%

Swiss Market Index

-          0.89%

I hope you all have a nice day.

All the figures are as at the writing time.