Biggest % gainers: AUD/NZD up 0.79% on NZD weakness ...nothing else up all that much.
Biggest % losers: NZD/USD down 0.94% ..everything else down just fractionally as well. So the "mover" on the day so far is NZD to the down side. This is mainly on concerns that the NZD economy may be slowing down and thus no need for rate hikes.
Oil $80.30 has been in a holding pattern lately. Gold $1,137 has made a notable come back lately.
Market rumors going on that the Greek Prime Minister has resigned. Not confirmed yet though. Also rumors swirling around that Greece may have to go to the IMF for a bailout.
GBP Services PMI better 58.4 vs. 55.0 execpted.
USD ADP Payrolls worse at -20k vs. -15k expected. Last time revised lower to -60k from -22k previously. So the revision is the "big deal" really. (However, ADP did go on to say that employment "may" increase in March".)
USD ISM Non-Manufacturing (Services) PMI comes out at 10am EST. 51.0 expected. (50 is the "boom/bust level").
Fed's Beige Book comes out at 2pm EST today.
AUD Trade Balance comes out at 7:30pm EST tonight. -1.57B expected.
Fed's Fisher says "leaning against asset bubbles is something we should strive to do, but it is very difficult".
Fisher went on to say that he does NOT see the USD being replaced as the reserve currency in the foreseeable future.
Fed's Fisher calls for an accord to break up the "too big to fail" finance firms.
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