Market Brief

  • Asian trading was calm as Tokyo was closed for national holiday

  • Obama"s Healthcare package passes House vote

  • Chinese officials told the China Daily that they vow to hit back if targeted by US on Yuan

  • They also stated that China would be able to keep inflation under control

  • Over the weekend, Greek Prime Minister Papandreou stated that the EU could be destabilized by forces who "forgot the political importance of the euro".

  • Australia New Motor Sales feb m/m -1.9% vs. -3.5% revised lower prior, y/y 17.1% vs. 15.5% revised higher prior reading

  • Today, no first-tier economic data is due for release.

Snap Shot
Global Indexes Current Level % Change
Hang Seng Index20,917.19-2.12
Shanghai Index3,074.580.22
FTSE futures5,602.500.16
DAX futures5,956.50-0.48
SMI Futures6,759.000.6
S&P future1,150.40-0.51
DJIA futures10,641.00-0.43

World Markets Current Level % Change
Gold1,106.95-0.01
Silver16.93-0.3
VIX16.972.1
Crude wti80.05-0.78
USD Index80.9-0.78

Todays Calender Estimates Previous Country / GMT
SNB Quarterly Bulletin published----CHF / 10.00
Germany: Bundesbank Monthly Bulletin----EUR / 11.00
Flash Consumer confidence, index---17EUR / 15.00
ECB President Trichet speaks----EUR / 15.30
Board Member Gonzalez-Paramo speaks----EUR / 16.45
Atlanta Fed President Lockart (FOMC non-voter) spe----USD / 19.45


Currency Tech

EURUSD
R 2: 1.4030
R 1: 1.3850
CURRENT: 1.3511
S 1: 1.3425
S 2: 1.3300

USDJPY
R 2: 91.80
R 1: 91.10
CURRENT: 90.61
S 1: 89.50
S 2: 88.75

GBPUSD
R 2: 1.5615
R 1: 1.5380
CURRENT: 1.4946
S 1: 1.5000
S 2: 1.4900

AUDUSD
R 2: 0.9325
R 1: 0.9280
CURRENT: 0.9124
S 1: 0.9100
S 2: 0.9060

USDCAD
R 2: 1.0320
R 1: 1.0235
CURRENT: 1.0173
S 1: 1.0070
S 2: 1.0000

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