Pre-Market Report – Tuesday 27 Feb: Results continue, French take CSR

Marcus Today Market Updates

US stocks ended Monday’s trading session in the red. The Dow Jones Industrial Average fell around 62 points, or 0.16%. The S&P 500 and Nasdaq Composite dropped 0.38% and 0.13%, respectively.
ASX SPI Futures down 4 points.

• Base metals broadly lower, Copper -1.12%, Nickel -2.20%, Aluminium -0.82%, Zinc +0.71%, Lead flat, and Tin -0.49%.
• Gold inched lower, down 0.22% as focus shifts to US inflation data this week.
• Oil prices gained ground as European diesel demand pulled prices higher. WTI +1.20% and Brent Crude +1.09%.
• 10Y Bond Yields – US 4.276%, Australia 4.151%, and Germany 2.432%.
• AUD down 0.35% to 65.38 US cents. USD Index -0.15%, and Japanese Yen +0.14%.

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