US ended with Dow +.20%, Nas -0.41%, S&P -0.12%
Mittal reported 1Q net loss narrowed, supported by higher steel and iron ore shipments. (Closed SA +5.96% @ 4000)
Asia-Pacific 1:26 Hong Kong time:
Nikkei +0.2%
Hang Seng -0.1%
Shanghai -0.6%
ASX -0.3%
Kospi +0.2%
Taiex -0.5%
Earlier today Chinese CPI (YoY) came in @ 1.8%, exp 2.0%, prev 2.4% and German Trade balance expected 16.6B came in @ 14.8B.
Eco Calendar:
10:30 GB Manufacturing Production (MoM) prev 1.0%, exp 0.3%
10:30 GB Trade balance prev -9.09B exp -9.00B
Diarize:
Wednesday next week: Tencent Earnings
Moon’s F&G @ 29 ‘Fear’, worse than previous close @ 34 ‘Fear’
Ukraine rebels ignore Putin call to delay self-rule vote.
Alsi ended 49 026, T40 43 900 (+0.12%), Mr Price up on trading update (+4.84% @16775), Clover buys Dairybell’s yoghurt & milk units.
New highs MrPrice, Nedcor, MTN, Medclin, Bidvest, Firstrand, Sasol, OldMutual, Brait.
No new lows.
T40 @ -98 pips atm