Mar 18
Wall Street should take a break
The index futures are predicting a slightly lower opening of U.S. markets after already six consecutive sessions in green. Not since August 2009 to find such a series of increases on Wall Street. On the momentum of the day, U.S. markets have ended on a new annual summit Wednesday. The indices have continued to benefit from the status quo monetary decided by the Fed, and the reassurance of the U.S. central bank on the health of the economy.
Shortly before the opening of markets across the Atlantic, the index futures Standard & Poor's 500 and Nasdaq 100 slid 0.11% respectively at 1 164.50 points and 0.05% to 1 935.50 points.
In the United States, the session will be punctuated by the publication of a series of indicators. Investors will first knowledge of the price index for consumption for the month of February.Analysts on average expect a price increase of 0.1% over one month and 2.3% over one year. The day will then continue with the announcement of weekly unemployment registration and publication of the balance of current accounts for the last three months of 2009. Experts expect a deficit just under 120 billion dollars. Follow the index of the Central Bank of Philadelphia for the month of March and the composite index of leading indicators for February.
On the currency markets, the euro back down to $ 1.37 after Germany had banged his fist on the table against Greece and the assumption of an IMF assistance had resurfaced.The barrel of oil is still firm, the new deadline of May of Brent trading at 81.48 dollars on the London market an ounce of gold.
Nike back to growth
On the side of values, the number one sports equipment, Nike announced after the close on Wall Street a return to growth in sales and profits. In the third quarter of its fiscal year ended in late February), Nike has made a net profit of 496 million dollars against 244 million a year earlier on the same period. A few months before the World Cup 2010, its backlog has already greatly improved and the group expects a continuation of this trend.
A follow also the title of the aircraft manufacturer Boeing. China has ordered its airlines to conduct checks of their Boeing 737 after a similar decision of U.S. authorities.The decision of the Administration of Civil Aviation of China (CAAC), which covers 400 aircraft, follows concerns about possible security problems related to a component in the tail of the aircraft.
The results of FedEx for the third quarter are expected on Thursday. The numbers of specialist couriers are always observed under the microscope by investors. Indeed, they generally face forward barometer of U.S. business activity.
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