13.04.16

Good morning,

Asian markets saw New Zealand release Food Price Index figures were released overnight as were Chinese Trade Balance figures. Japanese Domestic Corporate Goods Price Index figures were released out of Tokyo which fell below the expectations. USDJPY trading at 108.93 Australian Westpac Consumer Confidence figures were also down on previous readings for this month. AUDUSD trading at 0.7661 at time of writing. The updated Australian unemployment rates are due in the coming 24 hours.

In Europe this session the DAX opened 200 points higher and is currently trading at 9956. France and Spain will publish Consumer Price Index figures this session before the UK will look at the Bank of England Credit Conditions Survey. The Euro Zone Industrial Production figures will follow. EURGBP trading at 0.7976 while EURCHF was trading at 1.0887 at time of writing. Tomorrow will see Euro Zone CPI figures and the Bank of England Interest Rate decision.

Canadian Interest Rate Decision is the main focus of CAD traders when it will be announced today. The rate is expected to remain unchanged at 0.5%. USDCAD trading at 1.2789 at time of writing. United States Retail Sales figures for March and Producer Price Indices for the same month will be published before the Canadian interest rate. EURUSD trading at 1.1351 at time of writing. GOLD trading at $1250 per ounce while USOIL was trading at $42.83 per barrel.

I hope you all have a nice day.