Fundamental Analysis – 26/01/2016

Gen 26

FUNDAMENTAL ANALYSIS BY NSFX 26.01.2016

  • BY:
  • Gennaio, 26th, 2016 0:06 +00:00

Good Morning,

Gold soared on Monday on retreat in the USD ahead of the awaited Federal Reserve meeting that may provide clues about the interest path this year. After the short squeeze last week and Monday’s crude oil reopening that saw benchmarks rise additionally, prices are once again tracing the downward trend that has defined the commodity for the last several months. Unsurprisingly, energy was the worst performing major sector on the benchmark S&P 500, falling 1.56% for the day. USDCHF is trading at 1.0130 while USDCAD is trading at 1.4280.

Italy Industrial Sales s.a. (MoM): -1.1% (November) vs previous 2%. EURCAD is trading at 1.5492 while EURGBP is trading at 0.7615.

Japan Leading Economic Index dipped from previous 103.9 to 103.5 in November. GBPCHF is trading at 1.4424 while EURCHF is trading at 1.0989.

Daily Performances (4.00 am. GMT); 

Currencies / Indices / Commodities

Performance

NZDUSD

-          0.46%

GBPJPY

-          0.49%

AUDUSD

-          0.65%

USDCAD

1.17%

EURGBP

0.69%

CAC 40 Index

-          0.58%

IBEX 35 Index

-          1.78%

Euro Stoxx 50 Pr

-          0.71%

FTSE 100 Index

-          0.39%

Swiss Market Index

-          0.21%

I hope you all have a nice day.

All the figures are as at the writing time.