9 Jan 2015
Market Movers: US equities push Nikkei higher, Markets await NFP
FXStreet (Barcelona) - US equities continued their recovery, with the Nasdaq (+1.84%), Dow (+1.84%) and S&P 500 (1.79%) closing higher. The US rally was replicated in the Asian session, with Nikkei higher by 0.18% at 17197.13 while Shanghai Composite Index saw another negative day, 0.24% lower at 3285.41. The FX markets keenly await the US NFP numbers to be released today with the consensus looking for a 240k figure.
On the data front, Australian retails sales (MoM) came in lower at 0.1% below expectations (0.2%). Chinese CPI came out as expected at 1.5% YoY. AUD/USD trades marginally higher at 0.8120 (+0.07%) while NZD/USD at 0.7822 is up 0.11%.
With ECB’s QE decision lingering, Euro continues to fall, currently trading just above the 1.18 handle, up 0.12% on a daily basis. Cable made a new high above the 1.51 territory, now at 1.5106, 0.14% higher. USD/JPY is down 0.21% at 119.39, trading above the 119 handle today.
WTI Crude is up 2.57% at USD 49.53/barrel, recovering after yesterday’s low at USD 48.29/barrel, while Brent Crude is up 2.04% at USD 52.05/barrel. Gold Futures trades largely unchanged at USD 1211.68/Oz.
USD/RUB is the topmost gainer in the FX Space, up 0.82% at 60.6937, followed by EUR/TRY (+0.44%) and USD/HUF (+0.40%). MXN/JPY (-0.56%), ZAR/JPY (0.45%) and CAD/JPY (-0.41%) are the top losers.
On the data front, Australian retails sales (MoM) came in lower at 0.1% below expectations (0.2%). Chinese CPI came out as expected at 1.5% YoY. AUD/USD trades marginally higher at 0.8120 (+0.07%) while NZD/USD at 0.7822 is up 0.11%.
With ECB’s QE decision lingering, Euro continues to fall, currently trading just above the 1.18 handle, up 0.12% on a daily basis. Cable made a new high above the 1.51 territory, now at 1.5106, 0.14% higher. USD/JPY is down 0.21% at 119.39, trading above the 119 handle today.
WTI Crude is up 2.57% at USD 49.53/barrel, recovering after yesterday’s low at USD 48.29/barrel, while Brent Crude is up 2.04% at USD 52.05/barrel. Gold Futures trades largely unchanged at USD 1211.68/Oz.
USD/RUB is the topmost gainer in the FX Space, up 0.82% at 60.6937, followed by EUR/TRY (+0.44%) and USD/HUF (+0.40%). MXN/JPY (-0.56%), ZAR/JPY (0.45%) and CAD/JPY (-0.41%) are the top losers.