Traders Corner

on . Posted in News Flash

Both the Dow & S&P 500 indices closed higher last night, with the NASDAQ closing 0.02% lower. China is trading lower this morning, with Australia flat and Japan 7-tenths higher. The Rand lost a lot of ground overnight, currently trading at R10.75/$ with gold last quoted at $1,285 an ounce. World futures are trading flat.

Key macro events:

    • UK: Retail sales
    • Eurozone: Manufacturing PMI
    • Eurozone: Consumer confidence
    • China: Manufacturing PMI
    • Japan: Manufacturing PMI
    • US: Jobless claims – expected: 303k
    • US: Existing home sales
    • US: Bloomberg consumer comfort
    • US: Leading index
  • US: Markit manufacturing PMI – expected: 55.7