-
US indices finished yesterday's session lower with S&P 500 dropping 1.30%, Dow Jones moving 0.94% lower and Nasdaq plunging 2.14%
-
Deterioration in moods yesterday was triggered by jump in energy prices as well as broad website outages
-
OPEC decided not to change its output policy and continue with increasing daily production at the pace of 400k barrels per month. Decision triggered a spike in oil prices and pushed indices lower
-
Outages of popular social media services like Facebook or Twitter as well as issues with numerous cloud services has exerted pressure on tech shares yesterday and made Nasdaq Wall Street's top underperformer
-
Downbeat moods extended into the Asian trading hours. Nikkei dropped 2.4%, Kospi moved 1.9% lower and S&P/ASX 200 declined 0.4%
-
DAX futures point to a more or less flat opening of today's cash session in Europe
-
According to CNN report, Biden has reportedly lower its demand for spending package to a $1.9-2.2 trillion package
-
The Reserve Bank of Australia left rates unchanged at today's meeting. Asset purchases were left unchanged at A$4 billion per week. RBA does not expect a rate hike before 2024
-
According to a Bloomberg report, Chinese developer Fantasia Holdings defaulted on a bond maturing yesterday. In other news, Fitch downgraded another Chinese developer - Sinic - from "CCC" to "C"
-
Cryptocurrencies traded sideways during the Asian session. Bitcoin, Litecoin, Dogecoin and Ethereum trade little changed on the day
-
Precious metals trade lower, along with industrial metals. Energy commodities - oil and natural gas - gain
-
GBP and USD are the best performing major currencies while AUD and NZD lag the most
Nasdaq-100 (US100) plunged below the lower limit of the local market geometry yesterday and reached the lowest level since late-June 2021. In theory, this points to a trend reversal. However, bulls have managed to halt declines and are trying to push the index higher. 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.
