February Daily Review - 04/02/2015

 

During Today’s early trading session, Asian markets traded higher after Mitsubishi UFJ Financial Group’s strong report pushed up shares.

European stocks are trading lower today as concerns over Greece’s political situation continue to affect market sentiment, despite the hopes for a new Greek debt swap deal.

During early American trade, the US released mixed data showing a sharp decline in ADP nonfarm Employment change to 213k, below the expected figure of 225k, however, a positive ISM Manufacturing PMI showed a higher reading of 56.7. US stocks are slightly trading lower ahead of Fridays Nonfarm Payrolls release, however, losses are limited as oil prices stabilize.

 

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