Fundamental Analysis – 15/09/2015

Sep 15

FUNDAMENTAL ANALYSIS BY NSFX 15.09.2015

  • BY:
  • September, 15th, 2015 16:23 +00:00

Good Evening,

 

Japan Central Bank stands pat on monetary policy, overseas economic outlook could lead to fresh easing. BOJ Governor Haruhiko Kuroda at a press conference Tuesday following the board's policy meeting maintained that a weak JPY could not be solely relied on for the bank's reflationary target. USDJPY trading at 120.30 while EURJPY trading at 135.49.

 

UK annual CPI falls to zero in August from +0.1%. Spot showed no reaction after the German ZEW Survey saw mixed results for the current month, with Economic Sentiment slumping to 12.1 from 25.0 previous. European Monetary Union Trade Balance n.s.a. increased to €31.4B in July from previous €26.4B. GBPUSD trading at 1.5349 while EURGBP trading at 0.7334.

 

The US retail sales growth climbed in August despite the turmoil in the financial markets and global economy, but at a slower rate than expected rate. The advance retail sales rose 0.2%, missing the estimated drop to 0.3% from July’s upwardly revised 0.7%. United States Industrial Production (MoM) are below expectations (-0.2%) in August. United States Capacity Utilization came in at 77.6% below forecasts (77.8%) in August. United States Redbook index (YoY) increased to 1.7% in September 11 from previous 1.3%. EURUSD trading at 1.1260 while USOIL trading at 45.09. Gold trading at 1.103.74.

 

Daily Performances;

 

Currencies / Indices / Commodities

Performance

EURUSD

            - 0.50%

GBPUSD

           - 0.47%

AUDUSD

            - 0.64%

USDJPY

0.07%

NZDUSD

            - 0.21%

GBPJPY

            - 0.41%

DOW Jones Industrial Average

0.92%

S&P 500

0.76%

NASDAQ Composite Index

0.74%

GOLD

            - 0.34%

FTSE 100 Index

0.87%

DAX Index

0.56%

CAC 40 Index

1.13%

OIL

1.70%

NIKKEI Stock Average 225

0.34%

HANG SENG Index

            - 0.49%

SEN SEX Bombay Sensitive 30 Index

            - 0.58%

 

I hope you all have a nice evening.

 

 

All the figures are as at the writing time.