1240
« on: March 13, 2014, 08:48:45 am »
China forecasted data failed to meet expectations this morning with Industrial Production slowing to 8.6% in the January-February period, compared to 9.7% in December, while Retail-Sales Growth also eased to 11.8% from 13.1% in December.
Asia up before data, did a 180 after:
Japan (Nikkei Average) -0.1% (closed)
Hong Kong (Hang Seng Index) -0.6%
Shanghai (Shanghai Composite Index) +0.6%
Sydney (S&P/ASX 200) +0.5% (closed)
Seoul (Kospi) +0.1% (closed)
Mumbai (Sensex) +0.3%
Taipei (Taiex) +0.7% (closed)
US ended -0.07%, +0.02% & +0.37% last night, futures green.
Eco Calendarr:
07:30 Chinese Industrial Production, done and dusted.
11:00 ECB Monthly Report
14:30 US Core Retail Sales
SAT40 +164 (8:37)
Duals:
HMY:US +3.51%
VOD:LN +1.46%
BHP:AU +1.14% (7:10)
MT:NA -0.23%
BCS:US -0.76%
700HK -2.41%
GLNCY:US -0.77%
New low Ellies, Pinnacle, Tongaat, Kumba, Aveng, JDGroup