GNW-News: Nexeo Solutions gibt Abkommen mit K.D. Feddersen bekannt

Nexeo Solutions gibt Abkommen mit K.D. Feddersen bekanntNexeo Solutions baut mit DSM seine Präsenz in Skandinavien weiter ausTHE WOODLANDS, Texas, 28. Februar 2017 (GLOBE NEWSWIRE) — Nexeo Solutions Inc.(NASDAQ:NXEO), eine führende Kunststoff-Vertriebsgesellschaft, …

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Japan – Q4 capex data (+ company sales and profits) comes in at a big beat

Japan – Capital Spending y/y for Q4, +3.8%
Capital Spending excluding software y/y for Q4, +3.3%
– expected +1.1%, prior was -1.4%
Company profits for Q4, +16.9% y/y

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Fed’s Bullard: Fed has essentially achieved its dual mandate

James Bullard is the chief executive officer and president of the Federal Reserve Bank of St. Louis
– the Federal Reserve has essentially achieved its dual mandate
 Headlines via Bloomberg

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FT reports: “China Underground Lending Index surges to near two-year high”

This from the Financial Times, based on their own calculation (The FTCR China Underground Lending survey )
– Underground lending activity…  surging to a near two-year high

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‘Event risk’ during the Asian timezone today

today, Westpac have highlighted the following as the focal points
There is a lot on the calendar
Australia: Q4 GDP
China: PMI
US: President Trump’s address to a joint sitting of Congress

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Australia house price index for February +1.4% m/m (prior +0.7%)

CoreLogic data
Annual growth is now at it quickest in 6 years
– +11.7% y/y
– Sydney and Melbourne leading the way (no change there), +18.4% and +13.1% y/y respectively
Not a forex mover, but underlining RBA concerns and a factor that will weight again…

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