Wall St. higher as easing inflation worries outweigh Tillerson exit (news: 13/03/18)

Today's press

  • (Reuters) – Wall Street’s main indexes rose on Tuesday as fears of faster interest rate hikes eased after a tepid U.S. consumer prices data and investors shrugged off news of U.S. Secretary of State Rex Tillerson’s ouster.

  • LONDON (Reuters) – Britain’s sluggish economy looks set for more weak growth stretching out over the next five years, according to official forecasts announced by finance minister Philip Hammond on Tuesday as the country heads for Brexit.

  • Bitcoin (BTC) is reporting losses today, having failed to beat the key moving average resistance on Monday, however, the technical charts continue to favor a rally to $10,000.

Next trading day's important events

  • 02:50 (GMT+3) JP – BoJ Monetary Policy Meeting Minutes
  • 10:00 (GMT+3) DE – Harmonised Index of Consumer Prices (YoY) (Feb)
  • 11:00 (GMT+3) EMU – ECB President Draghi's Speech
  • 15:30 (GMT+3) US – Retail Sales ex Autos (MoM) (Mar)


Forex quotes:

  • USDJPY: 106.69
  • EURUSD: 1.2392


Indices:

  • S&P 500: 2780.74
  • NASDAQ: 7551.28

Source: Alpari

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