The Asian markets will open higher today, but the American markets closed lower even with their positive open. It is possible that we can see lower indices later during the session. The previous close of the Asian indices was to the down side.
The Futures of the Australian ASX 200 is positive, Nikkei as well positive and China also positive.
The price of Oil which is closely positively correlated to the Indices, was supported today during the American session but it started to move lower after the latest data from the Private inventory data showing (+4.45M) barrels unofficial figures from expected only 0.5M.
Expected data from New Zealand - Export, Import and Trade Balance and Construction Work done figures and from Japan Leading Index.
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