Fundamental Analysis – 10/11/2015

Nov 10

FUNDAMENTAL ANALYSIS BY NSFX 10.11.2015

  • BY:
  • November, 10th, 2015 0:04 +00:00

Good Morning,

European Monetary Union Sentix Investor Confidence above expectations (13.2) in November: Actual (15.1). EUR slide has halted as EURUSD has started the new trading week with gains on Monday. GBP is still expected to gain against EUR the basis of divergent monetary policy between the Bank of England and European Central Bank, regardless of whether the Bank of England hikes rates today, tomorrow or in May. GBPEUR exchange rate lost by around 0.21% on Monday afternoon. FTSE 100 was down 58.67 points, or 0.92%, to 6295.16. Germany Trade Balance s.a. below expectations (€20B) in September: Actual (€19.4B). USDCHF is trading at 1.0032 while GBPUSD is trading at 1.5114.

Bond prices fell across the globe on Monday following last week's surprisingly strong U.S. employment data, sparking analyst speculation over the end of ultra-low yields. After a sharp growth at the end of the last week, USDCAD has been cooling down on Monday after meeting the October 27 high. GBPUSD advanced by 0.48%. EURUSD is trading at 1.0757 while USDCAD is trading at 1.3278.

Since 2012, the price of USDJPY is in an uptrend. GBPCHF is trading at 1.5158 while EURCHF is trading at 1.0791.

Daily Performances (00.00 am. GMT); 

Currencies / Indices / Commodities

Performance

USDCAD

-          0.16%

Russell 2000 Index

-          1.19%

S&P / TSX 60 Index

-          1.32%

Wig 20

-          0.34%

USDCHF

-          0.21%

GBPUSD

0.48%

EURUSD

0.22%

EURGBP

-          0.21%

Athex Composite Share Pr

0.89%

OMX Copenhagen Index

-          0.80%

NYSE Composite Index

-          0.89%

Dow Jones Industrial Average

-          1.19%

S&P 500

-          1.27%

Nasdaq Composite Index

-          1.28%

FTSE 100 Index

-          0.92%

CAC 40 Index

-          1.46%

I hope you all have a nice day.

All the figures are as at the writing time.