Fundamental Analysis – 06/01/2016

Jan 06


  • BY:
  • January, 06th, 2016 0:51 +00:00

Good Morning,

NZDUSD has posted slight losses on Tuesday, as the pair trades slightly above the 0.6700 line. AUD has posted slight losses on Tuesday, as AUDUSD trades at 0.7160. The Shanghai Composite fell 0.26% to close at 3,287.71 points, although it had opened more than 3% lower. USDCHF is trading at 1.0087 while USDCAD is trading at 1.3993.

EURUSD has posted losses on Tuesday, as the pair trades at 1.0753. Over the last three weeks, the bottom has absolutely dropped out and GBPJPY is trading nearly 1000 pips lower. The worrying start to 2016 has continued today, with strong selling pressure characterizing, only for the FTSE to creep back towards positive territory. EURCAD is trading at 1.5035 while EURGBP is trading at 0.7324.

Global equity markets were flat on Tuesday after their worst January kick-off in years as concerns about the global economy weighed on sentiment and pushed traders to seek the relative safety of the low-risk JPY. GBPCHF is trading at 1.4789 while EURCHF is trading at 1.0839.

Daily Performances (4.00 am. GMT);

Currencies / Indices / Commodities Performance
USDCAD 0.31%
GBPUSD -          0.29%
EURGBP -          0.39%
CAC 40 Index 0.34%
BIST 100 Index 0.24%
IBEX 35 Index 0.24%
Euro Stoxx 50 Pr 0.42%
FTSE 100 Index 0.72%
OMX Copenhagen Index 1.31%
Swiss Market Index 0.52%

I hope you all have a nice day.

All the figures are as at the writing time.