Fundamental Analysis – 30/12/2015

Dec 30

FUNDAMENTAL ANALYSIS BY NSFX 30.12.2015

  • BY:
  • December, 30th, 2015 0:51 +00:00

Good Morning,

New York Stocks rose around the world and bond yields edged up on Tuesday as oil rebounded from 11-year lows on prospects for lower temperatures. Gold traded little changed, having erased most of its early gains amid light trading volume ahead of the New Year holiday. The S&P 500 traded up 22 points, or 1.06%, to 2078, with information technology and health care leading all 10 sectors higher. USDCHF is trading at 0.9918 while USDCAD is trading at 1.3830.

The benchmark DAX index at Frankfurt Stock Exchange on Tuesday rebounded sharply by 206.23 points, or 1.94%, and closed up at 10860.14 points. USD gained against EUR on Tuesday after greater risk appetite hurt demand for the shared currency and new pressure from short sellers likely weighed. EURCAD is trading at 1.5115 while EURGBP is trading at 0.7373.

USDJPY pair has remained contained within a 25 pips' range this Tuesday, having been unable to react to US data releases. EURJPY edged lower following EUR's self-weakness, as JPY remained muted across the board. GBPCHF is trading at 1.4696 while EURCHF is trading at 1.0842.

Daily Performances (4.00 am. GMT); 

Currencies / Indices / Commodities

Performance

USDCAD

-          0.53%

GBPUSD

-          0.37%

EURGBP

0.09%

USDCHF

0.43%

CAC 40 Index

1.81%

BIST 100 Index

-          0.45%

IBEX 35 Index

1.23%

Euro Stoxx 50 Pr

1.77%

WIG 20

0.91%

DAX Index

1.94%

I hope you all have a nice day.

All the figures are as at the writing time.