19.08.15

Good morning,

Japanese Trade Balance figures over night fell by more than had been expected, although exports were up. USDJPY trading at 124.30 with the Bank of Japan Interest Rate decision set to be announced in the next Asian session.New Zealand’s Producer Price Index figures for the second quarter were released overnight, as was the Westpac Leading Index for July in Australia. AUDNZD trading at 1.1142 at time of writing.

The NIKKEI closed at 20222.63 dropping 331.84 points for a 1.61% decline for the session.

European data today will include Euro Zone Current Account figures for June along with Construction Output for the same month. EURUSD trading at 1.1069 Hungarian Gross Wages rose by 3.6% year on year. EURHUF trading at 309.08 Looking ahead to tomorrow’s session we will see British Retail Sales figures for July and we will also see Norwegian GDP figures with Dutch and Swedish Unemployment data.

The FTSE100 was trading at 6477.57 while the DAX was trading at 10808.43 both in the red early in the session.

Across the Atlantic today the main data out of the US will their Consumer Price Index figure. FOMC Meeting Minutes will also be published today. USOIL it trading at $43.14 ahead of the EIA Crude Oil Stocks change figures later in the session. Canada will look at their Consumer Price Index data this Friday. USDCAD trading at 1.3026 at time of writing. GOLD trading at $1123 per ounce .

The DOW closed at 17511.34 following yesterday’s trading session.

I hope you all have a nice day.