Fundamental Analysis – 28/12/2015

Dec 28

FUNDAMENTAL ANALYSIS BY NSFX 28.12.2015

  • BY:
  • December, 28th, 2015 0:19 +00:00

Good Morning,

There has been much pessimism about China as the world’s second largest economy loses speed, growing at the slowest pace in more than two decades. USDCHF is trading at 0.9871 while USDCAD is trading at 1.3825.

Crude prices have gone down nearly 30% this year, and it is being expected oil prices to remain low for even longer. The stock market completed an abbreviated trading week on a flat note as the sleepy Thursday session produced a slightly lower finish for the S&P 500 while the Nasdaq Composite settled just above its flat line. EURCAD is trading at 1.5160 while EURGBP is trading at 0.7343.

United Kingdom Gross Domestic Product (YoY) came in at 2.1%, below expectations (2.3%) in 3Q. GBPCHF is trading at 1.4721 while EURCHF is trading at 1.0827.

Daily Performances (4.00 am. GMT); 

Currencies / Indices / Commodities

Performance

USDCAD

-          0.12%

GBPUSD

-          0.03%

EURGBP

0.15%

USDCHF

-          0.04

FTSE 100 Index

0.22%

CAC 40 Index

-          0.24%

BIST 100 Index

0.19%

IBEX 35 Index

0.43%

Euro Stoxx 50 Pr

-          0.07%

WIG 20

0.32

I hope you all have a nice day.

All the figures are as at the writing time.