Fundamental Analysis – 18/12/2015

Dec 18


  • BY:
  • December, 18th, 2015 0:58 +00:00

Good Morning,

United States Initial Jobless Claims came in at 271K, below expectations (275K) in December 11. Oil prices fell as much as 2%, with Brent trading near 11-year lows, as data showing fresh supply builds at the delivery point for US crude futures added to worries about a global glut. US Industrial output slipped 0.6% after a downward revised 0.4% dip in October. USDCHF is trading at 0.9967 while USDCAD is trading at 1.3947.

European stock markets rallied on Thursday after the Federal Reserve lifted U.S. interest rates for the first time in nearly a decade, in a decision seen as expressing confidence in the strength of the U.S. economy. UK retail sales rose by more than expected in November. German business confidence unexpectedly declined in December in a sign that companies are concerned about the risks facing Europe's largest economy. EURCAD is trading at 1.5084 while EURGBP is trading at 0.7260.

Nikkei 225 gained 1.59% while the Hang Seng was higher by 0.79%. GBPCHF is trading at 1.4841 while EURCHF is trading at 1.0781.

Daily Performances (4.00 am. GMT);

Currencies / Indices / Commodities Performance
USDCAD 1.22%
GBPUSD -          0.69%
EURGBP -          0.10%
Athex Composite Share Pr 3.50%
OMX Copenhagen Index 1.07%
FTSE 100 Index 0.68%
CAC 40 Index 1.14%
BIST 100 Index 1.21%
DAX Index 2.57%
IBEX 35 Index 1.72%
Euro Stoxx 50 Pr 1.84%

I hope you all have a nice day.

All the figures are as at the writing time.