-
Major Asian stock indexes gained slightly despite yesterday's Wall Street pullback after the Fed's decision on interest rates. Chinese stocks gained, supported by better spending data during the holiday break. CHNComp is up 1.8%, HKComp is up 1.1%, and CH50 is up 1.3%.
-
Indexes in South Korea slightly declined, with KOSP200 down 0.1% trading near 326 points.
-
The Australian index AUS200 is up 0.32% after strong retail sales and trade balance data. The published data proved that the Reserve Bank of Australia still has room to continue the tightening cycle and further raise the interest rate.
-
Major indexes on Wall Street are rebounding slightly after yesterday's decision by the Federal Reserve. US500 is up 0.44% and is trading at 4,113 points, while US100 is up 0.48% and trading around 13,150 points. Markets are currently pricing in the end of the FED tightening cycle after 10 consecutive hikes.
-
European indexes are likely to open slightly higher on Thursday's session. Investors are awaiting decisions from the ECB and BoE on interest rates. German DAX index futures are up 0.25%.
-
Gold and silver are gaining, with gold trading again above $2,000 per ounce, the precious metal is up 0.23%.
-
Brent crude oil is rebounding from yesterday's steep decline and is currently up 1.65%, trading around $73 per barrel. Other energy commodities are also gaining, with NATGAS CFD rising 1.4% at 2.18 points.
-
The International Monetary Fund (IMF) suggests that changes in the BoJ's policy that could cause further increases in bond interest rates could have a significant impact on the global economy.
-
Chinese Caixin PMI data for the industrial sector shows a slight slowdown in the Chinese economy. The index performed worse than expected, with a reading of 49.5 compared to the forecast of 50.0 and the previous reading of 50.0.
GOLD has once again tested this year's highs around $2069 per ounce after the Fed's decision on interest rates yesterday. The price has slightly pulled back from the peaks, but it still remains above $2000.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appThe 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.
