Stocks, commodities and currencies have been holding steady overnight. US index futures are down 0.1% while the FTSE and DAX are flat. Currencies are holding steady against USD indicating Fed and political risk speculation has been fully priced in for now. GBP is underperforming slightly ahead of today's Third Reading of the Brexit bill in the House of Lords plus tomorrow’s Spring Budget and soft UK same store sales. Although the recent advance in stocks has slowed, so far indices have been pausing rather than selling off. This suggests that new capital coming in from the sidelines chasing the rally is still enough to offset profit-taking by earlier entrants for the time being. In energy trading, WTI Crude oil is up 0.2% but Natural Gas has been slammed for a 2.2% loss. Another warm spell in consuming markets suggests that the end of a soft demand heating season could be arriving early in some areas. Today traders may pay some attention to trade numbers for the US and Canada, plus China tonight, which could have political implications. Health Care stocks may also be active as traders soft out the winners and losers from the Republicans health care plan. Corporate News Qualcomm 7.5% dividend increase Economic News Australia RBA Interest Rate 1.50% no change as expected UK same store sales (0.4%) vs street (0.2%) vs prev (0.6%) UK Halifax house prices 5.1% vs street 5.3% Eurozone GDP 1.7% as expected Germany factory orders (0.8%) vs street 4.3% Norway industrial production 1.3% vs previous (1.4%) Australia construction PMI 53.1 vs previous 47.7 Upcoming significant economic announcements include: 8:30 am EST Canada trade balance street $0.75B 8:30 am EST US trade balance 10:00 am EST Canada Ivey PMI previous 52.3 CMC Markets is an execution only service provider. The material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.