17.07.15

Good morning,

Asian markets were quiet with Singapore, Malaysia, Indonesia and the Philippines all closed for public holidays. Japanese markets will remain closed Monday for Marine Day. USDJPY trading at 123.94 at time of writing. New Zealand's Interest Rate will be reviewed next week, with the current decline in the currency seeing the NZDUSD pair trading at 0.6540 a six year low.

The NIKKEI closed at 20650.92 for a gain of 50.80 points or 0.25%

In Europe we just have Euro Zone Construction Output data on the calendar today. EURUSD trading at 1.0893 Looking ahead to next week we will see the Hungarian Interest Rate decision take place on Tuesday with EURHUF trading at 308.92 with the Bank of England due to publish their Interest Rate voting data on Wednesday. EURGBP trading at 0.6954 al evel not seen since November 2007

The FTSE100 was trading at 6777.40 while the DAX was trading at 11704.69

In the US and Canada today we will see Consumer Price Index data from both. Housing Starts and Building Permits figures for May will be looked at in the United States. USDCAD trading at 1.2967 USOIL was trading at $51.24 per barrel

The DOW closed at 18120.25 up 70.08 points or 0.39%

I hope you all have a nice weekend.