-
US indices finished yesterday's trading higher in spite of release of hawkish FOMC minutes from December meeting. S&P 500 gained 0.75%, Dow Jones added 0.40% and Nasdaq moved 0.69% higher
-
FOMC minutes showed that no member of Federal Reserve expects a rate cut in 2023. There were no discussion on exact terminal rate level
-
Indices from Asia-Pacific trade mostly higher today. Kospi and Nikkei traded higher, S&P/ASX 200 traded flat and Nifty 50 dropped. Indices from China traded 1-2% higher
-
DAX futures point to a higher opening of the European cash session today
-
UK Prime Minister Sunak said that government will prepare legislation that will allow employers to sue unions and sack employees in response to strikes. The move comes as wave of strikes in the United Kingdom is spreading
-
According to Reuters report, Chevron is struggling to resume operations in Venezuela due to inadequate infrastructure and whole process of breaking back Venezuelan oil to the markets is taking slower than planned
-
New car registrations in the United Kingdom increased 18% in December, marking fifth straight month of increases
-
According to Wall Street Journal, Amazon will layoffs around 17 thousand employees, up from 10 thousand rumored earlier. Layoffs will be mostly made in company's corporate ranks rather than in warehouse staff. According to Bloomberg, company confirmed it plans to lay off "just over 18 thousands workers"
-
API report pointed 3.3 million barrels build in US oil inventories (exp. +2.2 mb)
-
Chinese services PMI for December moved from 46.7 to 48.0 (exp. 46.8)
-
Cryptocurrencies are trading mixed today - Bitcoin drops 0.1%, Ethereum trades 0.2% lower and Dogecoin gains over 2%. Chiliz gains over 10%
-
Energy commodities trade mixed - oil gains and natural gas drops
-
Precious metals are taking a pause in recent upward move. Gold and silver trade flat, platinum drops 0.4% and palladium gains 0.6%
-
NZD and USD are the best performing major currencies while GBP and CAD lag the most
In spite of FOMC minutes being rather hawkish, USD index (USDIDX) trades little changed compared to pre-release levels. Index continues to trade a touch above the 104.00 resistance zone but struggles to launch an bigger upward move. 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.
