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

 

1. Saudi Arabia acts, markets react

The world's biggest and most powerful oil producing nation -- Saudi Arabia -- has launched airstrikes in neighboring Yemen, where rebels have intensified a violent campaign against the government. Saudi Arabia says it has the support of nine mostly Arab countries.

Traders reacted by swiftly bidding up the price of crude oil futures by about 5%. A barrel is now trading for roughly $51.50.

U.S. stock futures are continuing their drop from Wednesday. Each major U.S. index is down by about 1% premarket.

European markets are all declining by about 1% to 2% in early trading.

Most Asian markets closed with losses.

 

2. Stock market movers -- Airlines, SanDisk, Schlumberger

Shares in Delta (DAL) and American Airlines (AAL) are both declining premarket by about 4%. Lufthansa (DLAKY) shares continued to decline in the wake of Tuesday's Germanwings crash in the French Alps.

Shares in SanDisk (SNDK) are taking a major hit -- down by about 14% premarket -- after the technology company warned it will bring in lower-than-expected revenue in the first quarter.

Shares in oil field services firm Schlumberger (SLB) are rising by about 1% premarket. This comes after the U.S. Department of Justice said a Schlumberger subsidiary has been fined $233 million for violating U.S. sanctions against Iran and Sudan.

 

3. Earnings and economics

Apparel retailer Lululemon (LULU) and consulting firm Accenture (ACN) are reporting quarterly results ahead of the open.

Gamestop (GME) will report after the close.

The U.S. government will post data on jobless claims at 8:30 a.m. ET.

 

4. Wednesday market recap

Markets took a tumble Wednesday. The Dow Jones industrial average lost 292 points, while the S&P 500 fell 1.5% and the Nasdaq plunged 2.4%, its biggest drop in nearly a year.

 

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What is it? Governor Carney is due to hold a press conference about his role as Chair of the Financial Stability Board, in Frankfurt.

As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

When? March 26th at 1:30pm Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the GBP to rise.

 

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What is it? Governor Zurbrugg is due to speak at the Canada-UK Chamber of Commerce, in London.

SNB Governing Board members are responsible for setting the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.

When? March 26th at 1:00pm Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the CHF to rise.

 

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What is it? Governor Poloz is due to speak at the Canada-UK Chamber of Commerce, in London.

As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

When? March 26th at 9:30am Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the CAD to rise.

 

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Other top stories:

All Your Brokers and Signals in 1 Place - Binary Trade Center

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

How I Made Over $30,000 a Year by Investing in Binary Options

 

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