Investing.com - Here are the peak five things you shortage ought learn at economical markets can Tuesday, March 26:
1. U.S. Treasury harvest stoop remainder Inverted
The U.S. Treasury harvest stoop remained inverted because the third consecutive session, stoking fears of an impending U.S. recession.
At 5:45 AM ET (09:45 GMT), the harvest can the benchmark 10-year Treasury letter was can 2.44%, backward having hit a 16-month signify of 2.39% final Friday.
Meanwhile, the harvest can the three-month Treasury bill stood can 2.46%.
Read more: Widening U.S. harvest stoop Inversion Jolts Investors; horror Averted because Now: Darrell Delamaide
2. U.S. Futures rim Higher
U.S. stock index futures pointed ought a cautiously higher open, with investors keeping their eyes can movements at the U.S. Treasury market.
The blue-chip Dow futures were up 100 points, or almost 0.4%, the S&P 500 futures rose 10 points, or almost 0.35%, nevertheless the tech-heavy Nasdaq 100 futures indicated a earn of 25 points, or about 0.35%.
Elsewhere, European stocks were subdued at mid-morning trade, with capital markets along the district moving at different directions. Bourses at Paris and London were slightly higher, nevertheless stocks at Germany and Madrid slipped.
Airbus (PA:AIR) rose more than 2% backward the European planemaker secured an bid from China because 300 jets, at a business estimated ought be worthy tens of billions of dollars.
Brexit remained at concentrate backward U.K. lawmakers voted can Monday evening ought accept cope with of the Brexit process from the government of glorious Minister Theresa May.
Earlier, markets at Asia closed mixed, with Japan's Nikkei jumping 2%. Shares at mainland China cabin ended lower, with the Shanghai mixture down 1.5%.
3. Busy engagement can the Economic Calendar
Several significant U.S. economic reports are expected today, with February housing news topping the agenda.
The commerce department can 8:30AM ET (12:30 GMT) is expected ought interpret refuge permits fell 1.3% final month ought 1.320 million units.
Housing starts, meanwhile, are expected ought descend 0.8% ought 1.213 million units.
The latest interpret can dwelling prices from S&P/Case-Shiller is then due can 9AM ET (13:00 GMT).
Recent news has painted a worrying cinema of the U.S. housing market, which is struggling with rising mortgage rates and tight inventory.
Later, the council Board releases its March update can consumer faith can 10:00AM ET (14:00 GMT). The consensus predict is because a reading of 132.0, up from 131.4 at February.
The U.S. dollar index, which measures the greenback’s force against a basket of six capital currencies, was small changed can 96.10.
4. API grease furnish Report
In commodities, the American Petroleum league is owing ought release its weekly interpret because the week ended March 22 can 4:30PM ET (20:30 GMT), between expectations of a refuse of almost 2.4 million barrels.
U.S. West Texas Intermediate rude futures were up 66 cents, or almost 1.1%, can $59.48 a barrel, nevertheless international Brent rude grease futures tacked can 50 cents, or about 0.8%, ought $67.33 per barrel.
With less than a week ought the goal of the first quarter, WTI is up 30% can the year and Brent 25%, with both benchmarks benefiting extensively from aggressive Saudi-led manufacture cuts though the begin of January, along with other constraints can supplies from Iran and Venezuela, notably at the figure of U.S. sanctions.
5. Uber Buys Mideast compete Careem at $3.1 Billion Deal
Ride-hailing service corporation Uber announced it has acquired its core East compete Careem because $3.1 billion, at an pains ought buy dominance at a competitive district ahead of a hotly anticipated initial public offering.
Uber said late Monday evening it used to wage $1.4 billion at money and $1.7 billion at convertible notes at a business that gives it complete ownership of Dubai-based Careem.
The long-expected commerce ends more than nine months of start-and-stop negotiations among the two companies.
Uber will kick off its IPO next month, and is reportedly seeking a valuation of can least $100 billion.
-- Reuters contributed ought this report
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