Fundamental Analysis – 29/12/2015

Dec 29

FUNDAMENTAL ANALYSIS BY NSFX 29.12.2015

  • BY:
  • December, 29th, 2015 0:54 +00:00

Good Morning, 

USDCAD has posted gains on Monday in light holiday trade. USDCHF is trading at 0.9875 while USDCAD is trading at 1.3901.

Chinese corporate profits register its 6th straight decline (-1.4% v -4.6% prior). Japan Large Retailer's Sales declined to 2% in November from previous 2.9%. EURCAD is trading at 1.5249 while EURGBP is trading at 0.7373.

EUR and JPY remained mostly firm against majority of its counterparts and GBP maintained its downturn with slower GDP growth indicating later than expected interest rate hike by the BoE. GBPCHF is trading at 1.4687 while EURCHF is trading at 1.0835.

Daily Performances (4.00 am. GMT); 

Currencies / Indices / Commodities

Performance

USDCAD

0.40%

GBPUSD

-          0.31%

EURGBP

0.53%

USDCHF

0.04%

CAC 40 Index

-          0.97%

BIST 100 Index

0.07%

IBEX 35 Index

-          1.35%

Euro Stoxx 50 Pr

-          0.85%

WIG 20

-          0.18%

DAX Index

-          0.69%

I hope you all have a nice day. 

All the figures are as at the writing time.