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10:59 PM · 18 December 2023

Daily summary: Nasdaq-100 within range of historic highs

- Today's session on the stock market began with declines, stock indices from Asia-Pacific closed lower, and negative sentiment was also given to investors from Europe, where there was also a pullback.

- The vast majority of European stock indices closed under the dash. The DAX lost 0.6%, France's CAC40 dropped 0.37%, and Spain's IBEX 35 discounted 0.4%. On the plus side, only London's FTSE 100 stood out, which gained, 0.5%.

- On Wall Street, green prevailed, although the scale of the increases was limited. At the time of preparing this blog post, the best performer is the technology Nasdaq-100, with gains of 0.7%. The S&P500 adds 0.55%, and the Dow Jones is trading up only 0.05%.

- We could see strong gains in the oil market, which had to do with worrisome reports of attacks in the Red Sea and the suspension of supplies by BP, Equinor and the world's major shipping companies. 

- There is little volatility in the precious metals market. Gold is retreating slightly, but remains above $2,000 per ounce.

- In the forex market, we see low volatility. The EURUSD is consolidating above the 1.0900 level, the GBPUSD is losing slightly and falling below 1.2670, while the USDJPY is trying to make up for recent losses and is climbing from the 143.00 level.

- The Bank of Japan's interest rate decision is the key event of the pre-Christmas week in the markets. The Japanese central bank is expected to announce its decision during the upcoming Asian session, just hours before markets open in Europe. 

- Cryptocurrencies are trading under downward pressure today, nevertheless the scale of the early declines has already been partially erased. Bitcoin is currently back from the levels of local minima set in the first half of December. The situation on Ethereum is currently a bit more pessimistic due to the fact that the cryptocurrency has broken out of the local lows we mentioned when describing Bitcoin (also the first half of December). 

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