Morning wrap (30.07.2021)

• US indices finished yesterday's trading higher. S&P 500 gained 0.42%, Dow Jones added 0.44% and Nasdaq moved 0.11% higher. Russell 2000 jumped 0.68%

• Stocks in Asia traded lower. Nikkei dropped 1.7%, S&P/ASX 200 moved 0.2% lower and Kospi declined 1%. Indices from China traded lower as well

• DAX futures point to a lower opening of the European session

• White House said it will consider further lockdowns if they are recommended by scientists

• Israel will offer third coronavirus vaccine shot to those over 60 years old

• Japanese industrial production increased in June by 6.2% MoM (exp. 5% MoM)

• Japanese retail sales increased 0.1% YoY in June (exp. 0.3% YoY)

• Australia's private sector lending increased 0.9% MoM in June (exp. 0.4% MoM)

• Amazon (AMZN.US) reported Q2 EPS at $15.12 (exp. $12.30) and revenue at $113.1 billion (exp. $115.2 billion). AWS cloud revenue reached $14.81 billion (exp. $14.2 billion). Company expects Q3 revenue to come in at $106-112 billion. Stock dropped 7% in after-hours trading

• Bitcoin trades in the $39,500 area

• Precious metals, oil and industrial metals decline on the back of USD strength

• USD and CAD are the best performing major currencies, while CHF and AUD lag the most

EURUSD reached the resistance zone ranging around the 1.1880 mark. However, the upward move was halted today following USD strengthening. The pair may become more active later during the day when US PCE data is released. Source: xStation5