Market Brief
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SNB Policy Board Member Danthine sank the EURCHF when he stated that consumers need to prepare now for a return to higher rates and market defined FX-rates (later backtracked). EURCHF 1.4380 last
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NZ Feb credit card billings printed at -0.3% m/m, +1.1% y/y, vs. Jan +1.4%, +2.7%.
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Yesterday rumours of another hike to the US discount rate to be announced at sent the USD surging; DXY up nearly 1% on day.
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Greek Prime Minister quoted as saying he prefers European solution for Greek problems instead of IMF. Later said he was "joking"
| Global Indexes | Current Level | % Change |
| Nikkei 225 Index | 10,824.72 | 0.75 |
| Hang Seng Index | 21,343.60 | 0.06 |
| Shanghai Index | 3,067.75 | 0.71 |
| FTSE futures | 5,641.00 | 0.01 |
| DAX futures | 6,032.50 | 0.32 |
| SMI Futures | 6,928.00 | 0.4 |
| S&P future | 1,161.90 | 0.05 |
| World Markets | Current Level | % Change |
| Gold | 1,124.20 | 0.27 |
| Silver | 17.35 | -0.22 |
| VIX | 16.62 | -1.71 |
| Crude wti | 81.89 | -0.37 |
| USD Index | 80.33 | 0.21 |
| Todays Calender | Estimates | Previous | Country / GMT |
| German PPI, % m/m (y/y) | 0.2 (-2.8) | 0.8 (-3.4) | EUR / 07.00 |
| BoE MPC member Paul Tucker appears as a panellist | -- | -- | GBP / 10.35 |
| CPI m/m | 0.3 | 0.3 | CAD / 14.30 |
| Core CPI | 0.3 | 0.1 | CAD / 14.30 |
| Retail Sales m/m | 0.60% | 0.4 | CAD / 14.30 |
| Overnight target rate, % | 4.5 | 4.5 | MXN / 15.00 |
Currency Tech
EURUSD
R 2: 1.4030
R 1: 1.3850
CURRENT: 1.3623
S 1: 1.3530
S 2: 1.3425
USDJPY
R 2: 91.80
R 1: 91.10
CURRENT: 90.53
S 1: 89.50
S 2: 88.75
GBPUSD
R 2: 1.5615
R 1: 1.5380
CURRENT: 1.5219
S 1: 1.5200
S 2: 1.5000
AUDUSD
R 2: 0.9325
R 1: 0.9280
CURRENT: 0.9219
S 1: 0.9100
S 2: 0.9060
USDCAD
R 2: 1.0320
R 1: 1.0235
CURRENT: 1.0164
S 1: 1.0070
S 2: 1.0000
- S: Strong, M: Minor, T: Trendline, K: Keylevel, P: Pivot
