Market Brief
-
Japan Jan leading index rose 2.4 points, coincident index up 2.5 points.
-
UK Feb RICS house price balance jumped to 17 vs. 30 exp lowest since Aug "09, prior Jan reading 31.
-
UK Feb BRC like-for-like retail sales 2.2% y/y vs.Jan -0.7%, lowest in survey history, while Feb total sales 4.5%
-
Australia Feb NAB business conditions index rose to 8, confidence climbed 19, Jan 3, 15.
-
Australia Feb job ads 19.1% m/m, highest in yr, newspaper 13.1%, internet 19.6%.
-
According to a UK Times poll Labor-Tories are currently neck-neck in marginal seats
-
Wall Street Journal states that Moody’s sees UK bank bailout wind-down could trigger UK bank ratings cuts.
-
In China, SAFEs Yi Gang states that reserves are appropriately diversified in USD, EUR, JPY and emerging ccys and reiterates yesterdays Wen comment on the CNY exchange rate policy.
| Global Indexes | Current Level | % Change |
| Nikkei 225 Index | 10,567.65 | -0.1 |
| Hang Seng Index | 21,212.68 | 0.07 |
| Shanghai Index | 3,069.14 | 0.52 |
| FTSE futures | 5,590.00 | 0.53 |
| DAX futures | 5,867.50 | -0.08 |
| SMI Futures | 6,858.00 | 0.08 |
| S&P future | 1,134.60 | -0.21 |
| World Markets | Current Level | % Change |
| Gold | 1,122.06 | -0.13 |
| Silver | 17.16 | -0.49 |
| VIX | 17.79 | 2.12 |
| Crude wti | 81.5 | -0.45 |
| USD Index | 80.57 | + 0.17 |
| Todays Calender | Estimates | Previous | Country / GMT |
| CPI, % m/m (y/y) | 0.2 (1.0) | -0.1 (1.0) | CHF / 08.15 |
| CPI (% y/y) | -- | 0.7 | CZK / 09.00 |
| Trade balance, £ bn | -- | -7.3 | GBP / 09.30 |
| NFIB small business optimism index | -- | 89.3 | USD / 12.30 |
| Chicago Fed President Evans (FOMC non-voter) speak | -- | -- | USD / 14.30 |
| CPI (% m/m) | 0.51 | 1.09 | MXN / 16.00 |
| RBA Deputy Governor Lowe speaks in Sydney | -- | -- | AUD / 22.00 |
Currency Tech
EURUSD
R 2: 1.3800
R 1: 1.3735
CURRENT: 1.3606
S 1: 1.3444
S 2: 1.3425
USDJPY
R 2: 91.40
R 1: 90.55
CURRENT: 89.92
S 1: 89.50
S 2: 88.15
GBPUSD
R 2: 1.5350
R 1: 1.5255
CURRENT: 1.4982
S 1: 1.5000
S 2: 1.4857
AUDUSD
R 2: 0.9280
R 1: 0.9170
CURRENT: 0.9098
S 1: 0.8935
S 2: 0.8790
USDCAD
R 2: 1.0530
R 1: 1.0490
CURRENT: 1.0279
S 1: 1.0200
S 2: 1.0100
- S: Strong, M: Minor, T: Trendline, K: Keylevel, P: Pivot
