What is it? It checks the level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers.

It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.

When? March 30th at 8:0pm Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the NZD to rise.

 

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During today’s early trading session, Asian stocks traded lower as investors took profits before the first quarter ends. Following the release of mixed Japanese data the Yen strengthened against a basket of major currencies. The yearly and monthly household spending showed better than expected figure, however, the National Core CPI and Retail Sales came out negative.

During today’s early U.S. trading session, negative data weakened the Dollar against the Euro, however, losses were limited as more economic reports showed that the Michigan consumer expectations and sentiment beat analysts’ expectations.

Later today Fed Chair Yellen will be speaking, currency traders will listen closely for any clues on future monetary policy. It is likely that we will see the reaction to her comments when markets open again after the weekend.

 

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Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

 

1. Another day of losses?

U.S. stock futures are edging lower, indicating all the major indexes could dip into the red when trading begins.

This follows four consecutive days of drops. The Dow Jones industrial average and S&P 500 have both declined by 2.5% since the start of the week. The Nasdaq has fallen by just over 3%. Before the fall, the tech-heavy index was trading near an all-time high.

"Geopolitical risk [is] set to remain over the weekend with the situation in Yemen tense and Greece needing to deliver serious and useful economic reforms by Monday if it is to receive the funds it needs so badly," explained Mike van Dulken, head of research at Accendo Markets.

 

2. International markets overview

European markets are mixed in early trading.

Asian markets ended the week with mixed results.

 

3. Stock market movers -- Adidas, Yahoo, Gamestop, Lufthansa

Shares in Adidas (ADDYY) are up by about 3.5% in Germany as investors react favorably to a turnaround plan presented by management at the sports apparel company. Shares in Yahoo (YHOO, Tech30) are rising by about 2% premarket after the company announced plans to buy back an additional $2 billion of its own shares.

Gamestop (GME) is down by 6% premarket after the company reported quarterly results that missed expectations.

Lufthansa (DLAKF) shares gained 1%, steadying after hefty losses this week following the crash of its Germanwings flight in France Tuesday.

 

4. Earnings and economics

BlackBerry (BBRY, Tech30), Carnival (CCL) and Finish Line (FINL) are all reporting ahead of the open.

On the economic side, the U.S. government will post its third estimate of fourth quarter GDP at 8:30 a.m. ET.

Then at 10 a.m., the University of Michigan will release its final March reading of consumer sentiment.

 

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Countless Already Joined and Made a Profit - What About You?

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