Markets solid on the opening off the back of good close in the US

Monday, 4 April 2011 03:09

Markets solid on the opening off the back of good close in the US on Fiday, FTSE, DAX, IBEX, STOXX, MIB, all showing gains except the CAC which is in slight negative territory.

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ECB is set to embark on its rate hikes on Thurday

Monday, 4 April 2011 08:15

The ECB is set to embark on its rate hikes on Thurday with 25bps expected. Euribor interest rate futures are pricing in at least 4 hikes to year end.

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Macro Events this week

Monday, 4 April 2011 08:11

4 Apr: Japan Mar monetary base, EMU Feb PPI, 5 Apr: Phil Mar CPI, Australia rates (unchanged @ 4.75%), 6 Apr: HK Mar PMI, Taiwan Mar CPI, WPI, UK Feb IP, EMU Q4 GDP-final, German Feb IP (+15.9% yoy)

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Australian shares gain in morning session

Monday, 4 April 2011 08:08

Australian shares gained in the morning session, bolstered by the US markets on Fruday ASX index up almost 40 points.

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Australia looks to be holding interest rates unchanged

Sunday, 3 April 2011 11:04

RBA (Reserve Bank of Australia) looks to be holding interest rates unchanged, the benchmark 4.75% is the highest benchmark in the developed world.

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