EU STOCK:

Market news

15 March 2011

EU STOCK:

FTSE-100 suffered a minor test of the key 200-day moving average at 5,609.7 and Fibonacci level at 5,603.2 (38.2% of the July 2010 to Feb 2011 rally) before staging a bounce.
Both the CAC-40 and Xetra-DAX remain below their 200-day moving average's at 6,582 and 3,788.7, respectively.

IEA OIL REPORT:Feb global oil supply +200 kbd m/m to record high 89 mbd

EUR/USD recovers after falling to session lows around $1.3853. rate currently holds around $1.3891.

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