-
US indices plunged yesterday amid a spike in energy commodity prices. S&P 500 dropped 2.95%, Dow Jones moved 2.37% lower and Nasdaq plunged 3.62%. Russell 2000 moved almost 2.5% lower
-
Stocks in Asia dropped as well. Nikkei moved 1.7% lower, S&P/ASX 200 dropped 0.8% and Kospi declined 1.1%. Indices from China traded 0.8-2.2% lower
-
DAX futures point to a lower opening of the European cash session today
-
Nickel prices on the London Metal Exchange approached $100,000. As Russia is one of key suppliers of the metal, current price gains are driven by concerns over availability of this supply
-
Third round of Russia-Ukraine talks achieved little progress. Both sides agreed to hold more talks in the near future
-
European Union will unveil plan to cut Russian natural gas imports by over 60% within a year
-
A bipartisan group of US politicians proposed a bill to ban imports of Russian oil
-
Goldman Sachs boosted its 2022 oil price forecast and now expects crude prices to average $135 per barrel this year
-
Venezuelan President Maduro said that talks with the United States on oil were polite and constructive
-
ExxonMobil and Chevron began boosting oil production in Permian Basin
-
Oil trades slightly higher while natural gas prices are flat on the day
-
Precious metals gain with palladium jumping 6% and platinum adding 2.5%
-
USD and EUR are the best performing major currencies while AUD and NZD lag the most
Oil erased part of yesterday's gains and pulled back below local highs from 2012 in the $128.00 area. 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.
