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Philadelphia Fed non-manufacturing survey next up for the Dow Jones

There is not much on the US economic calendar today, but there is one release which might shift the dial and cause a reaction. That is the February non-manufacturing Philadelphia Fed business survey, which is due to be released at 1.30pm- at the same time as the Canadian CPI data, which was covered in the previous update. Ahead of this, the Dow Jones futures are still in the red, but off the earlier session lows, that saw the index priced to reopen close to 38,450. The Dow closed last Friday at 38,627. The futures price is currently indicating a reopening at around 38,515

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