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US indices finished yesterday's trading lower. S&P 500 dropped 0.09%, Dow Jones moved 0.30% lower and Russell 2000 declined 0.58%. Nasdaq gained 0.16%
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Situation during the Asian trading session was mixed. Nikkei and S&P/ASX 200 gained while Kospi and indices from China dropped
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DAX futures point to a flat opening of the European cash session
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Fed's Rosengren said that Federal Reserve should annonce taper in September and begin it later this year
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People Bank of China said that the jump in producers' inflation is temporary.
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China's Daily reported that PBOC may have to cut reserve requirement ratio or interest rates in order to stimulate growth
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China reported the highest number of new Covid-19 cases since the beginning of a year. New cases in Australia's New South Wales have hit a record high
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Japanese media report that Prime Minister Suga may seek another stimulus package, this time worth around $270 billion
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Bitcoin climbed above $45,000 mark
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Gains can be spotted all across the commodity markets. SIlver trades 1.5% higher while oil gains almost 1%
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EUR and GBP are the best performing major currencies while NZD and CHF lag the most
Silver gains over 1.5% today. Precious metal took a hit yesterday along with gold and slumped. However, price jumped over 5% off yesterday's low and eyes a test of the $23.80 swing area. Source: xStation5