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S&P 500 and Dow Jones futures trade little changed. Nasdaq futures take a small hit following tweet from Elon Musk
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Musk asked on Twitter whether he should sell 10% of his Tesla holdings, worth around $21 billion. Majority of respondents to the poll supported share sale, what weighs on tech shares slightly today
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Stocks in Asia traded mixed. Japanese Nikkei and South Korean Kospi dropped, Australian S&P/ASX 200 traded more or less flat while indices from China moved higher
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DAX futures point to a slightly lower opening of the European cash session today
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US House passed a $1.2 trillion infrastructure bill that will now be signed by President Biden
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Biden Administration is considering using Strategic Petroleum Reserves to lower gasoline price
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Chinese exports increased 27.1% YoY in October (exp. 24.5% YoY) while imports were 20.6% YoY higher (exp. 25.0% YoY). Trade balance reached a positive $84.54 billion
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Suez Canal authorities decided to hike fees for passing the Canal by 6%, starting from 2022
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Oil is trading over 1% higher after Saudi Aramco boosted crude price for Asian customers
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Precious metals trade higher while industrial metals pull back
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Cryptocurrencies gained over the weekend with Bitcoin testing $66,000 mark this morning
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AUD and NZD are the best performing major currencies while JPY and CHF lag the most
WTI (OIL.WTI) climbed overnight after Saudi Aramco boosted crude prices for December delivery to Asia. WTI reached the 200-hour moving average this morning and has struggled to break above it. Note that the same moving average has halted upward move on Thursday. Source: xStation5
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