Analysis

US Market Holiday - Presidents' Day [Video]

Start of this new trading week is extremely light in terms of news releases and markets are closed in the US due to Presidents Day. The publication of the UK Rightmove House Price Index for February opens this agenda just shortly after midnight GMT. Prices of property coming to market were up by point 4 percent in January, which was the slowest rate since 2012 for the year's opening month. The rest of the day is slow. The second and the final publication for this calendar is the Reserve Bank of Australia February meeting minutes that will be available at a half past midnight on Tuesday. The Board decided to leave the cash rate unchanged at 1.5 percent during this meeting.

 

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