Traders Corner

on . Posted in News Flash

U.S. markets closed lower yesterday with the Standard & Poor’s 500 Index dropping below the psychological 2 000 points level, as the escalating violence in Ukraine, while disappointing retail earnings eclipsed economic data that the economy was expanding faster than initially estimated. Asian markets traded lower this morning but both the US and UK futures are trading higher. The Rand was last trading weaker at R10.6408 against the US Dollar, while the gold price is steady at $1,288.88 an ounce. 

Key macro events:

  • Eurozone: Unemployment Rate

  • Eurozone: CPI

  • China: Leading Index

  • Japan:  Jobless Rate

  • Japan: Retail Sales

  • Japan: Industrial Production

  • US: Personal Income and Spending

  • US: Chicago PMI

  • US: University of Michigan Consumer Confidence Index