12.02.15

Good morning,

Australian Unemployment rose to 6.4% with an Employment Change figure of -12.2K well below the expected 5.0K gain that had been expected. AUDUSD fell to 0.7654 at time of writing in line with levels in May 2009, but also seen earlier this month. In the coming hours Reserve Bank of Australia’s Governor Glenn Stevens will give a speech. Japanese Machine Tool Orders were out at 20.4% for January. USDJPY trading at 120.35

The NIKKEI was trading at 17979.72 up 327.04 points or 1.85% following yesterday’s holiday.

In Europe the Swedish Interest Rate decision will be announced with USDSEK trading at 8.3774 just over an hour before the data release. The Greek debt issue will continue with further meetings next Monday, the current bailout package will cease the end of this month, with new Prime Minister Tsipras rejecting an extension so far. EURUSD trading at 1.1327 Bank of England will issue its’ Quarterly Report this session, as Bank Chairman, Mark Carney gives a press conference. GBPUSD trading at 1.5239

The FTSE100 closed at 6818.17 while the DAX closed at 10752.11 following Wednesday’s European session.

Across the Atlantic today we will see Canadian New Housing Price Index data, with Canadian Manufacturing Shipments figures for December out tomorrow. In the US we will get Jobless Claims figures and Retail Sales figures today. USDCAD was trading at 1.2630 GOLD has dropped to $1222 per ounce, while USOIL trades at $50.62 per barrel at time of writing.

The DOW closed at 17862.14 following yesterday’s trading session.

Hope you all have a nice day.