Fundamental Analysis – 08/01/2016

Jan 08

FUNDAMENTAL ANALYSIS BY NSFX 08.01.2016

  • BY:
  • January, 08th, 2016 0:54 +00:00

Good Morning,

United States Initial Jobless Claims came in at 277K, above forecasts (275K) in January 1. US markets are expected once again to open considerably lower and remain under pressure. USDCHF is trading at 0.9931 while USDCAD is trading at 1.4099.

Risk aversion dominates the Asian markets again and renewed selling is seen in stocks. AUD has dropped sharply on Thursday, extending its losses for a fourth straight day. EURCAD is trading at 1.5414 while EURGBP is trading at 0.7478.

European Monetary Union Unemployment Rate registered at 10.5%, below expectations (10.7%) in November. GBPCHF is trading at 1.4513 while EURCHF is trading at 1.0859.

Daily Performances (4.00 am. GMT); 

Currencies / Indices / Commodities

Performance

USDCAD

0.18%

GBPUSD

-          0.07%

EURGBP

1.52%

CAC 40 Index

-          1.72%

BIST 100 Index

0.42%

IBEX 35 Index

-          1.50%

Euro Stoxx 50 Pr

-          1.74%

FTSE 100 Index

-          1.96%

OMX Copenhagen Index

-          1.70%

Swiss Market Index

-          1.90%

I hope you all have a nice day.

All the figures are as at the writing time.