Welcome and good morning thank you for joining us for Thursday’s daily market report brought to you by anyoption.

In the last retail sales reading the New Zealand dollar surge as retail spending continues to inch up thanks to electrical and electronic good sales.

In his last speech governor Wheeler said that the official cash rate would remain unchanged as global financial worries have subsided.

China’s blue-chip CSI 300 index is expected to continue games as recent positive consumer inflation data continues to keep hopes alive for further easing by Bank of China.

The change in the selling price of new homes is projected to decrease today which will most likely push the Canadian dollar lower against the dollar.

The dollar is supposed to head lower as the number of individuals who filed for unemployment insurance for the first time during the past week in the U.S is expected to increase.

Euro is expected to find support against the dollar as the change in the price of imported goods and services purchased domestically in the U.S is projected to decrease.

New Zealand dollar is expected to find support against the dollar as the change to the total value of inflation adjusted sales at the retail level is projected to increase by zero-point-two percent.

Thank you for joining us for Thursday’s market outlook on behalf of all of us here at anyoption com we wish you a productive trading day.