Market Review 09 Maret 2012

The Euro strengthened against the US dollar and yen on Thursday after the debt swap deal Greece get a nearly enough participation, which may make Greece avoid default, lifted Wall Street and commodities like gold and oil. Investors will focus on reports of labor on this day.

KOSPI index futures contract June opened the gap over at 267.70 and moving down to close the gap to as low as 266.35. At the opening session, the kospi index could not stand above the level of the indicator stochastic 267.00 and showed potential correction, based on graphs of 30 minutes, heading levels, namely 38.4% 265.35 as support.

Economic Data today is the trade balance from Australia, CPI, PPI, retail sales, industrial production, CPI, from China's trade balance from Germany, industrial production of France, industrial production of Italy, manufacturing production, PPI, industrial production, NIESR GDP estimate from the United Kingdom, non-farm payrolls, trade balance, the jobless rate in the us.

EUR/USD closing 1.3278 1.3291, low, high, 1.3133 XAUUSD C:1701.05, H:1703.90, L:1683.55, CO-S c: 106.85, H: 107.20 l: 105.84. Dow C: 12844, H: 12879, L:12753.