Fundamental Analysis – 11/02/2016

Feb 11

FUNDAMENTAL ANALYSIS BY NSFX 11.02.2016

  • BY:
  • February, 11th, 2016 1:33 +00:00

Good Morning,

Tightening financial conditions and uncertainty over China pose risks to the U.S. recovery, but chances are slim the Federal Reserve will reverse the rate tightening cycle it began in December, Fed Chair Janet Yellen told U.S. lawmakers on Wednesday. USDCHF is trading at 0.9738 while USDCAD is trading at 1.3924.

United Kingdom NIESR GDP Estimate (3M) down to 0.4% in January from previous 0.6%. EURCAD is trading at 1.5720 while EURGBP is trading at 0.7773.

New Zealand Electronic Card Retail Sales (YoY) fell from previous 5.3% to 5.2% in January. GBPCHF is trading at 1.4130 while EURCHF is trading at 1.0989.

Daily Performances (4.00 am. GMT); 

Currencies / Indices / Commodities

Performance

USDCHF

0.10%

NZDUSD

0.75%

GBPJPY

-          1.16%

AUDUSD

0.41%

USDCAD

0.46%

CAC 40 Index

1.59%

IBEX 35 Index

2.73%

Euro Stoxx 50 Pr

1.92%

FTSE 100 Index

0.71%

Swiss Market Index

1.96%

I hope you all have a nice day.

All the figures are as at the writing time.