-
Wall Street indices trade lower today with Nasdaq being top laggard (around -0.5%) and Dow Jones outperforming (around -0.1%)
-
Russell 2000 traded around 1% down at the start of Wall Street session today as regional bank shares found themselves under pressure again. However, as those stocks recovered during the session, sentiment began to improve
-
European stock market indices traded mostly lower today. UK FTSE 100 dropped 0.18%, French CAC40 declined 0.59% while German DAX traded flat
-
Energy commodities managed to recover from earlier losses and now oil is trading almost 1% higher on the day
-
USD and GBP are the best performing major currencies while EUR and AUD lag the most
-
US President Biden is set to meet with congressional leaders today at 9:00 pm BST and discuss debt ceiling issue
-
White House said it will start refilling Strategic Petroleum Reserves once storage maintenance works are completed
-
Bank of Japan Governor Ueda said that BoJ will end its YCC program and trim balance sheet once inflation target is reached in sustainable way
-
ECB Nagel said that rates in EMU should rise further. ECB Kazaks said that market is premature to pricing in rate cuts as early as 2024
-
Fed Williams said he expects inflation to drop to 3.25% this year and reach a 2% inflation target by 2025. HE also said he does not see any reasons to to cut rates this year
-
Bloomberg reported that Italy plans to withdraw from China's Belt and Road initiative amid deterioration in ties between two countries
-
Chinese exports were 8.5% YoY higher in April (exp. +8.0% YoY) while imports were 7.9% YoY lower (exp. 0.0% YoY). Trade surplus reached $90.21 billion (exp. $71.6 billion)
-
Japanese household spending dropped 1.9% YoY in March (exp. +0.5% YoY)
-
Novavax surged 50% after company announced massive layoffs and said its vaccine trials are showing positive results
DE30 managed to halt declines at 200-hour moving average (purple line) earlier today and has since tried to recover. The index climbed back above 16,000 pts mark and is approaching the 16,050 pts resistance zone. 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.
