140316"NZX Tops 12,400"3/2/2021 11:18:00 PM"New Zealand’s main stock index rose above the 12,400 level on Wednesday, extending gains for a fourth straight session as investors continue to cheer a resumption of economic activity. Value-oriented stocks reasserted their dominance, with investors ditching tech stocks once again. A2 Milk Company Ltd and Genesis Energy Ltd were among the biggest gainers on the NZX, up 3.3% and 2.7%, respectively."New ZealandStock MarketNZSE50FG/new-zealand/stock-market
140315Australia Composite PMI Revised Downwardly3/2/2021 10:46:39 PM"The IHS Markit Australia Composite PMI decreased to 53.7 in February 2021, down from 55.9 in the previous month and compared to a preliminary estimate of 54.4, final data showed. Growth was driven by continued expansions in manufacturing output and services activity, but the expansion pace eased, with new orders rising at the slowest pace in three months. On the price front, the rate of inflation moderated for both manufacturing and services."AustraliaComposite PMIAUSTRALIACOMPMI/australia/composite-pmi
140314Australia Markit Services PMI Slows Down3/2/2021 10:42:11 PM"The IHS Markit Australia Services PMI decreased to 53.4 in February 2021, down from 55.6 in the previous month and compared to a preliminary estimate of 54.1, final data showed. Stringent international border restrictions reduced export orders for the thirteenth month running. That said, the decline was the softest since last July. Meanwhile, the pace of hiring accelerated to the quickest rate in the survey history. On the price front, input costs continued, as average cost burdens faced by firms in services increased for the ninth straight month. Looking ahead, business expectations for activity over the coming 12 months remained strong in February, with the level of confidence strengthening from the previous survey period to the highest since August 2018."AustraliaServices SentimentAUSTRALIASERSEN/australia/services-sentiment
140313Oil Hits 1-Week Low3/2/2021 9:58:00 PM"Oil prices have fallen to their lowest level in a week, with WTI crude diving as low as $59.40 a barrel after API data showed a massive build in US crude inventories last week. Prices were already under pressure amid concerns among investors that OPEC may increase global supply at their meeting later this week amid signs of a recovery in fuel consumption. On top of that, disappointing manufacturing numbers from China have been weighing on sentiment."CommodityCommodityCL1/commodity/crude-oil
140312New Zealand New Building Consents Lose Steam3/2/2021 9:49:00 PM"The number of building consents issued for new dwellings in New Zealand advanced 2.1 percent month-over-month to a seasonally adjusted 3,025 in January of 2021, losing steam after an upwardly revised 5.1 percent increase in the previous month. The annual number of new homes consented in the year ended January 2021 was 39,881, up 5.8 percent from the year ended January 2020."New ZealandBuilding PermitsNEWZEALANBUIPER/new-zealand/building-permits
140311Australia Construction PMI Edges Down3/2/2021 9:44:45 PM"The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index declined points to 57.4 in January 2021 from 57.6 in December 2020, indicating five consecutive months of positive conditions but retreating from the strongest result since July 2017, as slow vaccine rollouts weighed on sentiment."AustraliaConstruction PMIAUSTRALIACONPMI/australia/construction-pmi
140310Mexican Stocks Surge 2% on Tuesday3/2/2021 9:41:00 PM"Mexico’s IPC gained 2% to 45,682 on Tuesday to extend the rally, as improving macroeconomic data, falling COVID-19 cases, and faster vaccine rollouts continue to nudge sentiment. On the pandemic side, Mexico announced it has now received nearly 4 million doses from AstraZeneca, Pfizer, Sinavoc, Sputnik, and CanSino vaccines. On Tuesday, 852 thousand Pfizer doses arrived in Mexico. On the macro side, the AMLO administration announced that more than 140 thousand jobs were created in February. On Monday, business confidence improved to 43.9 in February from 43.2 in the previous month, while the manufacturing PMI increased to 44.2 from 43."MexicoStock MarketMEXBOL/mexico/stock-market
140309US Crude Stocks Rise by Most Since July3/2/2021 9:38:00 PM"Stocks of crude oil in the United States jumped by 7.36 million barrels in the week ended February 26th of 2021, following a 1.03 million increase in the previous week, data from the American Petroleum Institute showed. It was the second straight weekly gain and the biggest build since the week ended July 17th."United StatesAPI Crude Oil Stock ChangeAPICRUDEOIL/united-states/api-crude-oil-stock-change
140308Brazilian Equities Close Higher3/2/2021 9:28:00 PM"Brazil's Ibovespa gained 1220 points or 1.1% to 111,555 on Tuesday in a volatile session, decoupling from losses in US equity markets. On the policy side, President Jair Bolsonaro issued a decree hiking taxes on banks and petrochemical products while cutting them for diesel and cooking gas as a way to compensate for tax exemptions for fuel. Banks will see a tax known as CSSL rising to 25% from 20% while credit cooperatives and insurance companies will have it going up to 20% from 15%. The government also announced the end of some tax exemptions for vehicles."BrazilStock MarketIBOV/brazil/stock-market
140307US Stocks Give Up Gains3/2/2021 9:05:00 PM"Wall Street closed in the red erasing some of the previous session’s gains, as investor's focus moved to central banks for clues on changes to the monetary policy. An easy monetary policy since the pandemic started has fuelled a stock market rally but damped the interest in bonds. This has stopped in the last few weeks with yields jumping and bond prices felling as expectations for economic recovery increased fuelled by vaccination progress and fiscal stimulus. Technology and consumer discretionary shares were the worst-performing while materials gained slightly. The Dow Jones shed 144 points or 0.5% to 31,391. The S&P 500 lost 32 points 0.8% to 3870. The Nasdaq declined 230 points or 1.7% to 13,359."United StatesStock MarketINDU/united-states/stock-market