Japan -0.92%. Japan January Machinery Orders +9.5% m/m (+1.8% expected).
Japan February Exports +6.5% y/y (+7.1% expected) & Imports +8.3% y/y (+12.2% expected).
Porcelain -0.62%. China’s electricity consumption +11% y/y in February.
New home prices in February in China +0.3% m/m (previous flat at 0%) and -1.2% y/y.
Hong Kong -1.52%.
Australia -1.46%. Australia Feb Employment Change +64.6K (+48.5K expected) & Unemployment Rate 3.5% (3.6%).
Australia March Consumer Inflation Expectations 5.0% (previously 5.1%).
India +0.33%.
Overnight in the US, the major US stock indices rallied after trading sharply lower during the day. While both the S&P and Dow Industrial Average still closed lower for the day, the final numbers show things could have been worse. The Dow Industrial Average fell -279.18 points or -0.87% to close at 31,875.62. The S&P Index closed down -27.27 points or -0.70% at 3,892.00. The NASDAQ index rose 5.91 points, or 0.05%, to 11,434.06.
US retail sales fell in February, slightly more than expected.
Credit Suisse shares fell to a new record low on Wednesday for the second day in a row after its top investor ruled out further aid. The Credit Suisse group takes steps to improve liquidity.
ECB the main event on today’s agenda.
New Zealand GDP Q4 2022 (sa) -0.6% qoq (-0.2% forecast).
Oil prices rallied in early Asian trading on Thursday, regaining some ground from the more than a year lows hit in the previous session, as markets calmed somewhat after Credit Suisse. Swiss regulators threw him a financial lifeline.
Brent crude futures It was up 85 cents, or 1.2%, at $74.54 a barrel as of 0107 GMT. West Texas Intermediate (WTI) crude futures were up 74 cents, or 1.1%, at $68.35 a barrel.
Both benchmarks were up more than $1 earlier in the Thursday session.
Gold pulled back on Thursday from a safe haven-led rally, which sent prices to their highest level since early February, as traders looked for more clarity in the financial sector after Credit Suisse turned in the latest spot. focal point for fear of a banking crisis.
golden point It was down 0.3% at $1,912.48 an ounce by 0328 GMT, after rising more than 1% on Wednesday. US gold futures fell 0.8% to $1,915.10.
silver point fell 0.4% to $21.71 an ounce, platinum was down 0.3% at $959.52, while palladium gained 1.3% to $1,465.91.
US futures rise. dow jones +0.25%; S&P 500 +0.35%; nasdaq +0.36%.
