-
European indices finished today's cash trading mixed with majority of blue chips indices from Western Europe deviating less than 0.3% from yesterday's closing prices
-
DAX futures (DE30) climbed back above 16,000 pts and reached the highest level since January 2022
-
Wall Street indices launched today's trading lower. However, losses were being erased as the session went on and now S&P 500, Nasdaq and Russell 2000 are trading in positive territory. Dow Jones trades slightly lower on the day
-
Asian session as well as the first half of the European session was marked with USD strengthening, which put pressure on precious metals and energy commodities
-
USD started to lose ground in the afternoon allowing silver to recover from losses and gold to reapproach $2,000 area
-
Netflix dropped 4% after company released disappointing Q1 2023 earnings report that showed slowdown in subscriber growth
-
IBM and Tesla are set to report Q1 2023 financials after close of the Wall Street session today
-
Bloomberg reported that Bank of Japan is unlikely to tweak its yield curve control policy at April meeting
-
Cryptocurrencies were trading lower today with Bitcoin dropping below $29,500 mark and Ethereum moving below $2,000 area
-
GBP and NZD are the best performing major currencies while JPY and CAD lag the most
-
Final CPI inflation data from euro area for March confirmed flash reading and showed headline CPI dropping from 8.5 to 6.9% YoY while core gauge ticked higher from 5.6 to 5.7% YoY
-
Japanese industrial production increased 4.6% MoM in February (exp. 4.5% MoM)
-
UK CPI inflation decelerated from 10.4 to 10.1% YoY in March (exp. 9.8% YoY). Core gauge stayed unchanged at 6.2% YoY (exp. 6.0% YoY)
-
Canadian housing starts data for March came in at 213.9k (exp. 240k)
-
Oil recovered part of the losses after the DOE report showed a massive 4.58 million barrel draw in US inventories (exp. -2.5 mb)
Nasdaq-100 (US100) continues to struggle in the vicinity of the upper limit of an Overbalance structure. Recent price action signals indecisiveness with the index trading mostly sideways over the past 2-3 weeks. However, earnings reports from Tesla, IBM and others may provide fuel for the move of the tech-heavy index. 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.