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Asian Market Update: Asian equities continue to search for a bottom - Asian equities continue to search for a bottom: The Nikkei fell below 17,000 for the first time in nearly two months, as traders continued to sell exporters on JPY strength. Traders continue to look for a bottom in the...

yes it is...as usual last hour will be key

US Mid-Morning Recap by TradeTheNews Staff - Volumes and overall volatility are markedly lower than the last few sessions, but Indices again opened lower only to recoup much of their losses. Before the open the Fed’s Poole noted a recession is always possible but the probability is still...

By Trade The News Staff Tame trading again overnight in the energy futures market as a lack of comments from oil officials and seasonable weather patterns in North America have led to little volatility. Currently, energy futures trading within about 0.5% of the unchanged mark with crude...

- On the schedule today is the release of the University of Michigan Confidence, which is expected to rise to 93.5 from the prior reading of 93.3. In FED-Speak Bernanke is scheduled to deliver a speech well after the close. - Ahead of the open in the US the FED's Poole commented on energy...

- The European indices opened higher, but drifted into negative territory as we moved further into the session. Some analysts attributed the equity decline to speculation and concern that the Chinese economy may slow after Chinese regulators announced overnight that they planned to tighten...

- European government bonds closed higher yesterday, but were off of their best levels after the release of a stronger than expected manufacturing survey in the US. - The ECB’s Stark said in an interview that was published overnight that demand for money is not the sole driver of money...

Asian Market Update: Japanese data reinforces view of gradual BoJ rate hikes - Japanese inflation data reinforces expectations of gradual BoJ rate hikes: Japanese core CPI increased 0.1% mnth/mnnth (in line with estimates) and annual core CPI came in at 0.0% v 0.0% expected. Traders focused...

US Mid-Morning Recap by TradeTheNews Staff - Sentiment was pretty weak heading into the US open. Equity markets were lower around the world with the Shanghai Index giving up nearly all of yesterday’s bounce and European markets down another 2%. Money was again flowing out of equity and...

by TradeTheNews Staff - Very quiet overnight with respect to energy related news. Ahead of the start of floor trading, markets are mostly trading just below the unchanged mark with natural gas futures the largest mover of the energy commodities, currently down about 1% or 7 cents. Reminder...

by TradeTheNews Staff - On the US calendar today are the releases of Personal Income, Personal Spending, PCE Core, and the PCE Deflator (YoY) as well as Initial Jobless Claims, and Continuing Claims, all of which are due out at 8:30 a.m. In addition ISM Manufacturing is scheduled for release...

- European indices are in positive territory after a negative open, rebounding from their biggest two-day slide in over four years. The upward pace was led by strong earnings results, which were released ahead of the open. European government bonds are currently trading lower in the session...

- European government bonds closed in positive territory yesterday in the lower end of their respective session ranges. - The ECB's Weber said yesteday that more significant rate normalization is needed, noting that the ECB will dicuss further rate normalization within the coming months. Weber...

Asian Market Update: Another volatile Chinese equity session boosts the yen - Chinese equities have another volatile session: Chinese equities came under renewed selling pressure in early trade, with profit-taking seen with financial stocks and airlines. At one point in the morning session...

US Mid-Morning Recap by TradeTheNews Staff - US markets are experiencing a general reversal of yesterday’s action with equities and the Dollar moving higher while Treasury markets head lower. Equity futures were modestly higher ahead of the NY open partially driven by reaction to the news...

Treasury Market Preview by Trade the News Staff - On the U.S. calendar today at 8:30 a.m. are the releases of GDP, Personal Consumption, the GDP Price Index and Core PCE, all for Q4. At 9:45 a.m. we have the Chicago Purchasing Managers Index for Feb. And at 10:00 a.m. New Home Sales for Jan...

- The European indices are currently off of their worst levels, but remain down about one percent across the board. Components from the mining sector represented the biggest movers pulling the European indices further into the red. - European government bonds are currently near session lows...

Asian Market Update: Asian equities stabilize after sell-off, but bargain hunters not willing to push stocks higher - Asian equity markets stabilize after initial selling: A wave of panic-selling produced a sea of red for Japanese equities, forcing the Tokyo Stock Exchange to briefly suspend...

US Mid-Morning Recap by TradeTheNews Staff - Asian markets were all lower led by the Shanghai Composite, which plunged nearly 9%. Chinese equity weakness was precipitated by talk that additional macro-tightening policies could be introduced at an annual meeting coming up in early March...

Energy Market Preview by Trade the News Staff - The EIA releases its weekly inventory data tomorrow. According to a major wire survey, crude inventories are expected to have risen 1.75M barrels last week, gasoline inventories to have declined 1.5M and distillate inventories to have fallen...