-
US indices finished yesterday session lower as conflict in Ukraine threatens supply chains and drives commodity prices higher. S&P 500 dropped 1.55%, Dow Jones moved 1.76% lower and Nasdaq declined 1.59%. Russell 2000 dropped 1.93%
-
Stocks in Asia traded mixed. Nikkei dropped 1.68% and indices in China traded 0.1-1.6% lower. S&P/ASX 200 gained 0.3% while Kospi moved 0.2% higher
-
DAX futures point to a lower opening of the European session
-
Intense shelling of Kharkiv was reported overnight. Russian attacks on residential areas and civilian buildings become more frequent
-
Turkey delivered more of its combat drones to Ukraine
-
Joe Biden announced in his State of the Union address that United States will close its airspace to Russian flights and will begin to identify assets of selected Russian officials and elites to freeze them
-
Sberbank, Russia's largest bank, informed that it will be shutting its European market business as it is no longer able to supply liquidity to its units in Europe
-
There won't be a stock and derivatives trading session in Moscow today as well
-
ExxonMobil announced that it will halt its operations in Sakhalin in Russia and will refrain from making any new investments in the country
-
Australian GDP growth reached 3.4% QoQ in Q4 2021 (exp. 3.0% QoQ)
-
API report pointed to a 6.1 million barrel draw in US oil stockpiles (exp. +2.8 mb)
-
In spite of the US announcing release of strategic reserves, oil prices continued to gain. Brent trades at $111 while WTI broke above $109
-
Precious metals trade mostly lower. Gold, silver and platinum drop while palladium gain
-
AUD and NZD are the best performing major currencies while JPY and GBP lag the most
Concerns over possible disruptions on the oil market are sending Brent prices into the sky. OIL is trading almost 60% year-to-date higher and it may not be over. SPR release did little to ease upward pressure and OPEC+ is unlikely to decide on a bigger than 400k hike today. 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.
