09.04.15

Good morning,

Hang Seng Index in Hong Kong surged over 3 percent at one point to fresh seven-year highs, while the Shanghai Index declined by just over one percent. Chinese Consumer Price Index figures will be released in the coming 24 hours. Japanese Bank Lending data for March is also expected at the outset of the next session. USDJPY trading at 120.21 at time of writing.

The NIKKEI closed at 19937.72 up 147.91 points or 0.75%

In Europe this morning we saw German Imports and Exports for February increasing. Danish Trade Balance figures were also published; falling from 8.5B to 6.8B EURDKK trading at 7.4717 The main event from Europe today will be the Bank of England Interest Rate decision. Expectations that the rate will remain unchanged at 0.5% have been priced in. GBPUSD trading at 1.4860

The FTSE100 was trading at 6965.97 while the DAX was trading at 12098.61 shortly after the opening bell.

The US today will see Jobless Claims figures, Wholesale Inventories and the EIA Natural Gas Storage change figure. NGAS was trading at 3.008 Canada will publish updated Unemployment figures tomorrow. USDCAD trading at 1.2568 GOLD dropped below $1200 per ounce once again to the current price of $1194 The FED is expected to increase Interest Rates in June according to many market experts, with New York Fed President William Dudley and Fed Governor Jerome Powell both saying that the move could come earlier than expected should favourable conditions arise.

The DOW closed at 17902.51 yesterday; gaining 27.09 points or 0.15% for the session.

Hope you all have a nice day.