2013年3月14日星期四

Here's what you need to know.



  • Asian markets were mostly up in overnight trading, with Nikkei rising 1.1 percent, after the lower house of parliament approved Haruhiko Kuroda for the Bank of Japan governor position. Europe is rallying and U.S. futures are modestly higher.

  • Initial jobless claims and the February producer price index are out at 8:30 a.m. ET. Consensus is for initial claims to rise to 350K, and for PPI to rise 0.6 percent month-over-month.

  • In its latest monetary policy announcement, The Swiss National Bank said it would take whatever means necessary to keep the Swiss franc in the 1.20 per euro range. It also expects inflation to fall 0.2 percent this year.

  • Australian companies created 71,500 jobs in February, beating forecasts for 10,000 jobs. The unemployment rate stayed at 5.4 percent. This was the biggest gain in payrolls since July 2000.

  • Apple's head of marketing, Phil Schiller, attacked Google's Android operating system, calling it "fragmented", in an interview with The WSJ. He said four times as many Android users have switched to iPhones. This comes as Samsung prepares to release its new Galaxy S4 phone today.

  • Blackberry has received a record one million "single-purchase order" for the Blackberry 10 smartphone, though the company didn't reveal who made the order. The smartphone will begin sales in the U.S. this month.

  • China has announced its top leadership positions. Xi Jinping who was named general secretary of the Communist Party in November, was elected president of China. Li Yuanchao was elected vice president and Zhang Dejiang was elected chairman of the Politburo Standing Committee.

  • Greek unemployment hit an all-time high of 26 percent at the end of 2012, up from 20.7 percent the previous year. Youth unemployment was up to 57.8 percent.

  • The Indian wholesale price index was up 6.84 percent year-over-year in February, compared with 6.62 percent the previous month. Rising inflation gives the Indian central bank room to cut interest rates next week.

  • European leaders are meeting in Brussels today as the two-day European Summit begins. Officials will be meeting to discuss the impact of austerity







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