Pre-market trading activity and scheduled economic data that may have an impact on the global financial markets.
WORLD HEADLINES – Stocks in developing nations and high-yielding currencies rose on confidence central banks around the world will go out of their way to avoid jolting financial markets.
STOCKS – The Stoxx Europe 600 Index was little changed, with trading volumes 35 percent less than the 30-day average.
BONDS – US Treasuries traded sideways during the overnight trading session.
COMMODITIES – Oil markets were calmer, after prices surged, then slid on Monday, when Russia and Saudi Arabia confirmed they had agreed to cooperate to stabilize the oil market, although they offered no immediate plan of action.
CURRENCIES – Australia’s dollar jumped almost 1 percent to after the country’s central bank said little on the currency’s 10 percent rise since January and kept Aussie interest rates at 1.5 percent.
ECONOMIC DATA – US ISM Non-Manufacturing PMI due at 8:30, Agriculture Update at 9:00, CHF SNB Chairman Jordan Speaks at 12:15, AUD GDP q/q at 21:30 ET.
Don’t trade alone, join a group of quant traders in a live trading room.
The Trading Room® TradeLAB live sessions conducted online by the RiosQuant team offer a pragmatic, real world perspective of trading the global markets in real time for the active trader. Trading begins at 8:00 am and ends at 11:00 am ET Monday thruFriday.
Access is simple, here is how to get started with a two week free trial…
Click on the following link and register as a guest.