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US Session


March 01, 2010 5:44 PM CET

G10 Advancers and Decliners vs USD
CAD1.00
AUD0.62
NZD0.03
NOK-0.53
JPY-0.60
EUR-0.68
DKK-0.71
CHF-0.75
SEK-1.03
GBP-1.67

Global Indexes Current Level % Change
FTSE 100 Index5'408.12+ 1.00
DAX Index5'716.42+ 2.11
SMI Index6'779.34+ 1.02
S&P 500 Index1'114.03+ 0.86
DJIA Index10'404.85+ 0.77
Nikkei 225 Futures10'150.00+ 0.40
Hang Seng Futures20'958.00+ 2.26

World Markets Current Level % Change
Gold1'117.30- 0.03
Silver16.52+ 0.26
VIX19.40- 0.51
Crude wti79.85+ 0.24
USD Index80.99+ 0.78

Todays Calender Estimates Previous Country / GMT
Tue 2 Mar---------
Retail sales % m/m Jan0.5-0.7AUD/00:30
Building approvals % m/m Jan1.02.2AUD/00:30
RBA rate announcement, % Mar4.003.75AUD/03:30
Real GDP, % q/q Q40.40.3CHF/06:45
"Flash" HICP, % y/y Feb0.91.0EUR/10:00
PPI, % m/m (y/y) Jan0.6 (-1.1)0.1 (-2.9)EUR/10:00
Bank of Canada rate announcement, % Mar0.250.25CAD/14:00

Currency Tech

EURUSD
R 2: 1.3800
R 1: 1.3695
CURRENT: 1.3520
S 1: 1.3444
S 2: 1.3425

USDJPY
R 2: 90.22
R 1: 89.50
CURRENT: 89.30
S 1: 88.55
S 2: 87.50

GBPUSD
R 2: 1.5580
R 1: 1.5325
CURRENT: 1.4985
S 1: 1.4780
S 2: 1.4700

AUDUSD
R 2: 0.9090
R 1: 0.9050
CURRENT: 0.9000
S 1: 0.8790
S 2: 0.8740

USDCAD
R 2: 1.0685
R 1: 1.0625
CURRENT: 1.0435
S 1: 1.0370
S 2: 1.0309

Market Brief

• Eurozone Manufacturing PMI (Feb) came out at 54.2 (54.1 expected, 52.4 prior)
• Eurozone Unemployment (Jan) was stable at 9.9% (10.1% expected, 9.9% prior)
• UK PMI (Feb) better than forecast at 56.6 (56.1 expected, 56.6 prior)
• UK final Money supply (Jan) +0.4% m/m +4.9% y/y (-0.9%/6.6% prior)
• Swiss PMI (Feb) posts stronger 57.4 print (56.0 expected, 56.0 prior)
• Canadian quarterly GDP (Q4) beats estimates at 5.0% (4.2% expected, 0.4% prior)
• US ISM Manufacturing weaker than expected at 56.5 (58.0 expected, 58.4 prior)
• ECB Stark and EU Commissioner Rehn to meet Greek officials in Athens
• EU’s Juncker said “would act against market speculation if it ignores Greek reform efforts”
• Greek Prime Minister stated “fiscal crisis only tip of iceberg”, “has reached dramatic dimensions”
• Greek Finance Minister said government will do whatever it takes to cut budget, new measures if needed



Chinas Weak PMI Doesnt Hurt Risk Appetite


March 01, 2010 9:09 AM CET

G10 Advancers and Decliners vs USD
AUD0.50
CAD0.26
SEK0.23
NOK0.18
EUR0.14
DKK0.11
CHF0.08
NZD0.07
JPY-0.43
GBP-0.73

Global Indexes Current Level % Change
Nikkei 225 Index10,172.06+ 0.45
Hang Seng Index21,020.54+ 1.99
Shanghai Index3,087.84+ 1.17
FTSE futures5,336.50+ 1.41
DAX futures5,662.50+ 1.21
SMI Futures6,705.00+ 0.91
S&P future1,110.90+ 0.67

World Markets Current Level % Change
Gold1,118.71+ 0.09
Silver16.56+ 0.53
VIX19.50- 2.98
Crude wti79.87+ 0.26
USD Index80.56+ 0.24

Todays Calender Estimates Previous Country / GMT
Manufacturing PMI, index56.456.0CHF / 08.30
Real GDP, % q/qQ4--0.2SEK / 08.30
Germany: Final Manufacturing PMI,57.157.1EUR / 08.53
Retail sales, m/m--0.8NOK / 09.00
PMI manufacturing56.356.7GBP / 09.28
EC PMI Manufactoring Feb54.154.1EUR / 9.00
BoE mortgage approvals, k49.059.0GBP / 09.30
Unemployment rate, %10.110.0 (87)EUR / 10.00
Personal income, % m/m0.4 (2.2)0.4 (0.5)USD / 13.30
Personal spending, % m/m0.4 (3.6)0.2 (4.0)USD / 13.30
PCE price index, % m/m(2.2)0.1 (2.1)USD / 13.30
Core PCE price index, % m/m0.0 (1.4)0.1 (1.5)USD / 13.30
GDP, % q/q4.00.4CAD / 13.30
ISM manufacturing index58.058.4USD / 15.00
Construction spending, %-0.6 (-7.9-1.2 (-9.9USD / 15.00

Currency Tech

AUDUSD
R 2: 0.9090
R 1: 0.9070
CURRENT: 0.8981
S 1: 0.8863
S 2: 0.8800

USDCAD
R 2: 1.0685
R 1: 1.0625
CURRENT: 1.0519
S 1: 1.0370
S 2: 1.0309

EURJPY
R 2: 122.69
R 1: 122.67
CURRENT: 121.46
S 1: 120.50
S 2: 119.65

USDMXN
R 2: 12.895
R 1: 12.820
CURRENT: 12.760
S 1: 12.739
S 2: 12.680

Market Brief

Greece won"t leave EZ says France FinMin Lagarde - DJ
Wil stay with appropriately loose monetary policy, important to manage inflationary expectations say China Prem Wen - DJ
China Feb official PMI 52.0, 55.45 exp
UK Feb Hometrack house price index rose +0.4% y/y, 1st annual rise since March 2008.
"Wouldn"t hurt if banks held a bit more capital" say RBA Gov Stevens
Australia Q4 company gross profits +2.2% q/q vs. +2.3% exp
Australia Jan new home sales +9.5% m/m, houses +10.1%
Australia Feb PMI +2.8 pts to 53.8, output, new orders and deliveries higher.
NZ Feb ANZ commodity price index jumped +3.8% to 220.3



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