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- Trading day in one post 24.03.2017
Trading day in one post 24.03.2017
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Loading...The markets in Asia were trading higher today, after the US markets did close slightly lower, as they were awaiting the result from the vote for the health bill. The vote was postponed for Friday afternoon. If the bill is passed then this will be positive for the indices.
Nikkei 225 was up by 0.89%, ASX 200 trading higher by 0.77% а Kospi was down by -0.22%.
Price of Oil was down to $47.90 per barrel.
Calendar for the European and American sessions:
09:45 - France - French GDP (QoQ)
10:00 - France - French Manufacturing PMI (Mar)
10:00 - France - French Services PMI (Mar)
10:30 - Germany - German Manufacturing PMI (Mar)
10:30 - Germany - German Services PMI (Mar)
11:00 - Euro zone - Manufacturing PMI (Mar) and Services PMI
11:30 - UK - BBA Mortgage Approvals
14:00 - US - Chicago Fed President Evans Speaks
14:30 - US - Core Durable Goods Orders (MoM) (Feb)
14:30 - CAD - Core CPI (MoM) (Feb)
15:05 - US - FOMC Member Bullard
15:45 - US - Manufacturing PMI (Mar)
15:45 - US Services PMI (Mar)
16:00 - US - FOMC Member Dudley Speaks
20:00 - US - U.S. Baker Hughes Oil Rig Count
USD - did find support against some of its pears. USD was trading higher during the Asian session today. Investors are awaiting to see how the vote for the health bill. We do remain long USD and wait for new better levels or clear signals for longs.
GBP - It does remain under pressure, due to the activation of Artile 50 this month. The GBP was up all of last week and this week so, there is strength. We might see leg higher after this procedure is done.
ЕUR - Was trading slightly lower, after it reached levels of resistance against the USD. It is possible that it would remain under pressure. The markets are not pricing in the chances for positive outcome of the elections. after all Le Pen have small chances to win and if Macron wins then we can expect a leg higher in the Euro.
Indices - The indices did reached down levels of support and they might start to head higher. Investors are awaiting the vote for the health bill and if its passed then higher prices of the indices might be a fact.
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