US index futures are higher this morning as investors wait to hear the data on US existing home sales in February. A consensus estimate calls for an annualized adjusted figure of 4.6 million, up slightly from 4.57 million in January. In Europe, the UK’s budget deficit in February was double what had been expected, but the markets appear to have shrugged that off. In Asia, the slowdown in China continues to weight on equity and commodity markets.
At about 8:00 a.m. ET, Germany’s DAX is up 0.21% at 7,069.51 and France’s CAC 40 is up 0.12%, at 3,534.96. In London, the FTSE 100 is up 0.11%, at 5,898.07.
In Asia, the Hang Seng index closed down -0.15%, at 20,856.60. The Nikkei closed down -0.55% at 10,086.50 and the Shanghai exchange closed up 0.06%, at 2,378.20.
Dow futures are up 0.23%, at 13,138.00. The Nasdaq is up 0.15%, at 2,739.50 and the S&P is up 0.24%, at 1,403.30.
In the currency markets, the US dollar is weaker against the euro, but stronger versus the Japanese yen and the British pound. The US dollar index is down -0.03% at 79.569.
In commodities, WTI and Brent crude are higher this morning, with WTI up 0.49% at $106.59/barrel and Brent is up 0.19% at $124.36/barrel. Gold is up 0.08% this morning, at $1,648.30/ounce.
Paul Ausick
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
