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2/14/2016, 9:03 PM (Source: TeleTrader)
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The trading starts: Outlook for February 15

Here's the tentative business outlook for Monday, February 15, 2016.

The stock markets in New Zealand opened after a week of losses, and the Statistics New Zealand is set to release quarterly report on retails sales. All of the S&P/NZX indexes closed in the red on Friday. Soon after open, the New Zealand dollar fell as the U.S. greenback strengthened: the investor optimism was boosted by a gain in U.S. retail sales and higher oil prices.

In Sydney, ASX All Ordinaries index lost over 4% in the last week. The markets will be expecting numbers from the Australian Bureau of Statistics of new motor vehicles sold in January and in the year-to-year perspective, which would give a clue on the health of the economy laid out in the continent-spanning country's extensive transportation sector.

Japanese stock markets and business expect to see the numbers on gross domestic products (GDP) for the last quarter and for the entire 2015, from the government. Later, the Ministry of Economy, Trade and Industry is set to release monthly report on industrial production.

Chinese markets open after a week-long holiday, and the Hong Kong's Hang Seng returns to trading session after the last week's loss of 5.22%. There will be a mountain of data from various institutions: trade balance, imports, exports, new loans, and money supply, all coming during the morning trade.

In Europe, stock markets have finished last week in the green territory, after mainly sell-off sessions caused by volatile oil prices and problems in the financial sector. The European Central Bank's governor Mario Draghi will hold a speech before the Committee on Economic and Monetary Affairs (ECON) of the European Parliament in Brussels, Belgium at 3:00 p.m. CET.

Russian markets will be expecting numbers on foreign trade, and details about fulfillment of the budget, which was seriously damaged in 2015 by the falling oil prices.

On Monday, the U.S. markets are closed for the Presidents' Day holiday. The Canadians celebrate the Family Day.

Breaking the News / ZR