- Wall Street indices traded lower yesterday. S&P 500 dropped 0.38%, Dow Jones moved 0.16% lower and Nasdaq declined 0.13%. Small-cap Russell 2000 was the outperfromer and closed 0.6% higher
- Indices from Asia-Pacific traded mixed today - Nikkei gained 0.2%, S&P/ASX 200 gained 0.1%, Nifty 50 traded flat and Kospi dropped 0.9%
- Indices from China traded slightly higher today
- DAX futures point to a lower opening of the European cash session today
- Bitcoin rallied yesterday. Gains accelerated after the coin broke above the $53,000 mark. A daily high was reached above $57,000 during the Asia-Pacific session earlier today. However, prices has pulled back slightly from this area since
- Fed Schmid said that Fed should be patient on cuts as it is not out of high inflation yet. Schmid also said that it would be a mistake to cryptocurrencies as currencies
- Japanese core CPI inflation slowed from 2.3% to 2.0% YoY (exp. 1.8% YoY). Headline CPI inflation slowed from 2.6% to 2.2% YoY
- According to ABC media report, China will remove tariffs on Australian wine at the end of March when it reviews imposts
- Energy commodities trade mixed - oil trades a touch higher while US natural gas prices drop around 1%
- Precious metals are trading slightly higher - gold gains 0.1%, silver adds 0.2% and platinum jumps 0.5%
- AUD and JPY are the best performing major currencies, while NZD and CHF lag the most
BITCOIN extended yesterday's gains and climbed above $57,000 mark during the Asia-Pacific session today. However, the coin has pulled back around $1,000 from the highs later on. Source: xStation5
Morning Wrap: US–Iran Peace Talks in the Shadow of Trump’s Ultimatum
Technical analysis: Bitcoin gains and approaches important resistance zone
Crypto news 📈 Bitcoin rebounds approaching $80k level
Daliy Summary: Iran Seeks Truce as Markets Brace for Wednesday
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
