Mixed markets in Asia….Europe Green ..Quiet night
Key data today: US jobless claims 8:30AM ET
- Hong Kong: Hang Seng closed UP +0.28%
- China CSI 300 -0.16%
- Taiwan KOSPI -1.44%
- India Nifty 50 +0.25%
- Australia ASX +0.04%
- Japan Nikkei -0.44%
- All European bourses broadly in positive territory so far this morning
- US indices slightly in positive territory so far this morning in pre-market, USD +0.08%
Overnight Data/News
- China PBoC Sets Yuan Mid-Point At 6.8747 / Dollar VS Last Close 6.8770
- China PBoC Injects 8 Bln Yuan Of 7 Day Reverse Repo At 2%; Draining A Net 431 Bln Yuan In Open Market Operations
- China Caixin Services PMI Mar: 57.8 (est 55.0; prev 55.0) – Caixing Comp PMI Mar: 54.5 (prev 54.2)
- Tokyo Avg Office Vacancies Mar: 6.41 (prev 6.15%)
- India Holds Key Rate In Surprise Decision, Keeps Door Open For More Hikes – RTRS
- German Industrial Production SA (M/M) Feb: 2.0% (est -0.1%; prev 3.5%) – German Industrial Production WDA (Y/Y) Feb: 0.6% (est -2.0%; prev -1.6%)
- S&P Global/CIPS UK Construction PMI Mar: 50.7 (est 53.5, prev 54.6)
- McCarthy’s Message To Wall Street: You Should Worry About The US Debt Ceiling – BBG
- French Unions Renew Strikes To Push Macron Into Pension U-Turn – BBG
- Citi Sees Oil Prices $5/BBL Higher, Averaging $84/BBL For Brent And $79/BBL For WTI In 2023
- UK House Prices Rise For 3rd Month In A Row, Halifax Says – RTRS
- Asian FX Bears Retreat On Hopes Of Pause To Global Tightening Cycle – RTRS Poll
- Goldman says the days of technical distortions in JoblessClaims may be ending. If so, “we suspect that initial claims could jump to over 240k in tomorrow’s print (vs. 200k consensus and 198k reported in the prior week)
- Saudi Arabia And Iran Meet In Beijing As China Expands Its Influence – FT
US DATA TODAY
