Eurozone Financial Crisis: Eurogroup Calls For Protection Of Small Cypriot Depositors, German Economic Sentiment Climbs To 3-Year High

Dow Jones futures index seems higher than yesterday, U.S. Stocks May Move Modestly Higher In Early Trading, After ending the two previous sessions in the red, stocks may move back to the upside in early trading on Tuesday. The major index futures are currently pointing to a modestly higher open, with the Dow futures up by 19 points

Aussie central bank meeting, RBA Minutes: Still Room For Further Rate Cuts, The members of the Reserve Bank of Australia's monetary policy board believe there remains more room for rate cuts, the minutes from the bank/s March 5 meeting revealed on Tuesday

Its urgent, Eurogroup Calls For Protection Of Small Cypriot Depositors, Eurozone finance ministers late Monday agreed that small Cypriot depositors should be given greater protection, signaling some flexibility over a proposed bank tax. However, the ministers reiterated that Cyprus should still raise 5.8 billion euros from the levy as planned. Eurogroup President Jeroen Dijsselbloem said small depositors should be treated differently from large depositors

Finally India Trims Key Rates To Boost Growth, India's central bank reduced its key interest rates by a quarter point for the second time this year to underpin investment and take the economy back to a high growth track and signaled a pause in policy easing for the near term. In its mid-quarter review on Tuesday, the Reserve Bank of India lowered its repo rate to 7.50 percent from 7.75 percent

From Berlin economic news, German Economic Sentiment Climbs To 3-Year High, Boosts Recovery Hopes, Germany's economic confidence unexpectedly improved for the fourth successive month in March to the highest level in three years, fueling hopes that the economy could get back on the growth path in the first quarter, despite widespread weakness in the Eurozone

U.K. Latest economic data, U.K. Inflation Rises To 9-Month High, Weighing on U.K. consumer spending, inflation rose to a 9-month high in February, further complicating the central bank's task of balancing inflation and growth. In addition, factory-gate inflation accelerated more than expected on fuel prices, underpinning the assessment that headline inflation will stay above the 2 percent target in months ahead

Meanwhile, U.S. Housing Starts Show Modest Rebound In February, After reporting a sharp pullback in new residential construction for the month of January, the Commerce Department released a report on Tuesday showing a modest move back to the upside for housing starts in the month of February