17.09.15

Good morning,

Foreign Investment figures in Japan fell as both Import and Export figures were below expectations. USDJPY trading at 120.82 Australia will follow the RBA Bulletin with the RBA Governor Glenn Stevens due to speak in the coming session. AUDUSD trading at 0.7168 The Reserve Bank of Australia Foreign Transaction for August dropped from 674M to 336M

The NIKKEI closed at 18432.27 following the Asian session for a gain of 260.67 points or 1.43% on the previous close.

In Europe today we saw the Swiss Interest Rate decision where the SNB decided on no alterations. Dutch Unemployment also remained unchanged at 6.8% Britain will announce August Retail Sales figures with EURGBP trading at 0.7297 Construction Output figures for the Euro zone up to July will also be released this session. EURCHF trading at 1.0958

The FTSE100 was trading at 6216.51 while the DAX was trading at 10242.47

Today the FED will make the most eagerly awaited Interest Rate decision in quite some time. The Interest Rate currently stands at 0.25% Before this announcement Housing Starts and Jobless Claims figures are among the figures due to be released, however the pending FED rate decision will most likely scupper trading as the market will await to see if the Federal Reserve acts. EURUSD trading at 1.1330

The DOW closed at 16739.95 following Wednesday’s session for a gain of 140.10 points or 0.84% on the previous close.

I hope you all have a nice day.