Market Brief

Greece won"t leave EZ says France FinMin Lagarde - DJ
Wil stay with appropriately loose monetary policy, important to manage inflationary expectations say China Prem Wen - DJ
China Feb official PMI 52.0, 55.45 exp
UK Feb Hometrack house price index rose +0.4% y/y, 1st annual rise since March 2008.
"Wouldn"t hurt if banks held a bit more capital" say RBA Gov Stevens
Australia Q4 company gross profits +2.2% q/q vs. +2.3% exp
Australia Jan new home sales +9.5% m/m, houses +10.1%
Australia Feb PMI +2.8 pts to 53.8, output, new orders and deliveries higher. NZ Feb ANZ commodity price index jumped +3.8% to 220.3

Snap Shot

Global Indexes Current Level % Change
Nikkei 225 Index10,172.060.45
Hang Seng Index21,020.541.99
Shanghai Index3,087.841.17
FTSE futures5,336.501.41
DAX futures5,662.501.21
SMI Futures6,705.000.91
S&P future1,110.900.67

World Markets Current Level % Change
Gold1,118.710.09
Silver16.560.53
VIX19.5-2.98
Crude wti79.870.26
USD Index80.560.24

Todays Calender Estimates Previous Country / GMT
Manufacturing PMI, index56.456CHF / 08.30
Real GDP, % q/qQ4--0.2SEK / 08.30
Germany: Final Manufacturing PMI,57.157.1EUR / 08.53
Retail sales, m/m--0.8NOK / 09.00
PMI manufacturing56.356.7GBP / 09.28
EC PMI Manufactoring Feb54.154.1EUR / 9.00
BoE mortgage approvals, k4959GBP / 09.30
Unemployment rate, %10.110.0 (87)EUR / 10.00
Personal income, % m/m0.4 (2.2)0.4 (0.5)USD / 13.30
Personal spending, % m/m0.4 (3.6)0.2 (4.0)USD / 13.30
PCE price index, % m/m-2.20.1 (2.1)USD / 13.30
Core PCE price index, % m/m0.0 (1.4)0.1 (1.5)USD / 13.30
GDP, % q/q40.4CAD / 13.30
ISM manufacturing index5858.4USD / 15.00
Construction spending, %-0.6 (-7.9-1.2 (-9.9USD / 15.00


Currency Tech

AUDUSD
R 2: 0.9090
R 1: 0.9070
CURRENT: 0.8981
S 1: 0.8863
S 2: 0.8800

USDCAD
R 2: 1.0685
R 1: 1.0625
CURRENT: 1.0519
S 1: 1.0370
S 2: 1.0309

EURJPY
R 2: 122.69
R 1: 122.67
CURRENT: 121.46
S 1: 120.50
S 2: 119.65

USDMXN
R 2: 12.895
R 1: 12.820
CURRENT: 12.760
S 1: 12.739
S 2: 12.680

  • S: Strong, M: Minor, T: Trendline, K: Keylevel, P: Pivot