-
US indices finished yesterday's trading lower but off the session lows. S&P 500 dropped 0.42%, Dow Jones moved 0.45% lower while Nasdaq and Russell 2000 finished around 0.8% down
-
Situation on the markets have calmed after yesterday's sell-off triggered by Moody's downgrade of US banks, Italian windfall tax and disappointing trade data from China
-
Indices from Asia-Pacific traded mixed today. Nikkei dropped 0.2%, Nifty 50 traded 0.4% down and indices from China declined up to 0.5%. S&P/ASX 200 gained 0.3% while Kospi rallied 1.2%
-
European index futures point to a higher opening of the cash session on the Old Continent today
-
According to Reuters report, US administration details a plan to restrict US investments in sensitive technology in China
-
S&P ratings agency said that Australia may be able to achieve soft landing while bringing inflation down to RBA target
-
Chinese CPI inflation slowed from 0.0% YoY in June to -0.3% YoY in July (exp. -0.4% YoY). PPI inflation accelerated from -5.4% YoY in June to -4.4% YoY in July (exp. -4.1% YoY)
-
API report pointed to a 4.07 million barrel build in US oil inventories (exp. -0.2 mb)
-
Cryptocurrencies pull back after yesterday's gains. Bitcoin trades 0.4% lower, Ethereum drops 0.3% while Dogecoin advances 0.1%
-
Oil is trading a touch lower but remains near 4-month highs with WTI trading slightly below $83 and Brent testing $86
-
Precious metals benefit from USD weakness - gold gains 0.3%, silver trades 0.6% and platinum jumps 0.4%
-
EUR and AUD are the best performing major currencies while CAD and USD lag the most
GOLD benefits from today's USD weakness and tries to climb back above the $1,932 price zone. 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.
