Market Brief

  • New Zealand Jan retail sales m/m 0.8% vs. 0.5% exp, y/y 2.3% vs. 3.6% exp, ex-autos 0.3% m/m vs. 0.9% exp.

  • New Zealand Feb median house prices unch m/m, 6.1% y/y, sales 37.2% and -3.8%, residential house price index 0.4% m/m

  • According to Bloomberg US President Obama is to nominate SF Fed President Yellen to be FOMC ViceChair

  • Japanese Prime Minister Hatoyama states will respond to yen rise if not reflecting fundamentals and that the BoJ and government must work together

  • BoJ lis ikely to focus on proposal to double scale of QE to Y20 trln according to media publications

Snap Shot
Global Indexes Current Level % Change
Nikkei 225 Index10,751.260.8
Hang Seng Index21,149.32-0.37
Shanghai Index3,013.41-1.2
FTSE futures5,609.50-0.33
DAX futures5,943.000.38
SMI Index6,876.000.37
S&P future1,150.600.42

World Markets Current Level % Change
Gold1,113.390.35
Silver17.180.09
VIX18.06-2.74
Crude wti82.150.04
USD Index80.23-0.11

Todays Calender Estimates Previous Country / GMT
Industrial production, %0.7-1.7 (-5.0EUR / 10.00
BoE MPC member Spencer Dale speaks----GBP / 11.00
Retail sales, %m/m0.10.5USD / 13.30
Retail sales ex-autos,0.20.6USD / 13.30
Core retail sales, %m/m--0.8USD / 13.30
U. Mich. Consumer sentiment, index73.773.6USD / 14.55
Business inventories, %m/m0.1-0.2USD / 15.00
ECB President Trichet speaks----EUR / 20.45


Currency Tech

EURUSD
R 2: 1.3800
R 1: 1.3735
CURRENT: 1.3700
S 1: 1.3530
S 2: 1.3425

USDJPY
R 2: 92.15
R 1: 91.90
CURRENT: 90.62
S 1: 89.50
S 2: 88.15

GBPUSD
R 2: 1.5350
R 1: 1.5278
CURRENT: 1.5049
S 1: 1.4857
S 2: 1.4780

AUDUSD
R 2: 0.9325
R 1: 0.9280
CURRENT: 0.9160
S 1: 0.8935
S 2: 0.8790

USDCAD
R 2: 1.0530
R 1: 1.0490
CURRENT: 1.0237
S 1: 1.0200
S 2: 1.0100

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