-
Wall Street indices traded slightly lower with S&P 500, Dow Jones and Russell 2000 dropping 0.2-0.5% at press time
-
Tech-heavy Nasdaq bucked the trend and gained after Microsoft and Alphabet reported better-than-expected results yesterday in the evening, setting the tone for the session today
-
Meta Platforms is set to release earnings after market close today and it could be another important driver for tech sector
-
Activision Blizzard dropped around 10% after a UK regulator blocked the company's planned takeover by Microsoft. Activision decided to release Q1 earnings earlier than planned but even solid results failed to lift sentiment towards the stock
-
Boeing trades around 3% higher after company reported lower-than-expected cash burn for Q1 2023 and said it plans to boost production rates this year
-
First Republic Bank dropped another 20% today as media hinted that US government is unwilling to intervene and that any potential buyer may require government guarantees for the deal
-
European stock market indices traded lower today with German DAX and UK FTSE 100 dropping 0.5% while French CAC40 was almost 0.9% down
-
EUR and GBP are the best performing major currencies while AUD and NZD lag the most
-
Cryptocurrencies are on the rise today with Bitcoin gaining 5% and attempting to deliver a clear break back above $30,000 mark
-
Energy commodities trade lower on the day - Brent dropped below $80 per barrel, reached the lowest level since March and close bullish price gap triggered by unexpected OPEC+ output cut at the beginning of April
-
Gold briefly traded above the $2,000 mark after CNBC reported that the US government is unwilling to intervene and save First Republic Bank. However, gains have been erased since and now gold is trading 0.5% lower on the day
-
Riksbank hiked interest rates by 50 basis points today, in-line with market expectations. Main Swedish rate was hiked to 3.50% - the highest level since late-2008
-
US durable goods orders jumped 3.2% MoM in March (exp. 0.7% MoM) while orders excluding transportation were 0.3% MoM higher (exp. -0.2% MoM)
-
Australian CPI inflation decelerated from 1.9 to 1.4% QoQ in Q1 2023 (exp. 1.3% QoQ)
-
EIA report showed a bigger-than-expected 5.05 million barrel draw in US oil inventories. However, it was smaller than 6.08 million barrel drop signaled by API data yesterday
BITCOIN bounced off the zone marked with 50-session moving average and 23.6% retracement of the downward move launched in November 2021. Coin extends recovery move today and is attempting to climb above $30,000 mark. Source: xStation5
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
